BNDES Converts MPX Bonds

BNDES Converts MPX Bonds

Brazil Equity

BNDESPar has raised its stake in MPX Energia to 11.7% from 2.6% through the conversion of debentures, MPX says. The investment arm of BNDES converted 10.7m debentures into shares, giving it a 19.9m-share total stake. BNDESPar bought BRL600m ($297m) i

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