Brazilians Wrap up Local Debt

Brazilians Wrap up Local Debt

Brazil Bonds

A handful of Brazilian issuers completed domestic bond sales during the final days of what was another record year for local market issuance, according to Anbima data. Camargo Correa Desenvolvimento Imobiliario sold BRL400m ($195m) in 2015 debentures paying the DI+1.9% and amortizing in two parts during the final two years. Banco do Brasil managed the transaction. Separately, Primav Construcoes e Comercio raised BRL2.1bn in 2020 debentures paying the DI+2.45% and amortizing annually beginning in

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