October 17, 2013
Diagnosticos da America (DASA) has finalized the placement of BRL450m ($206
Diagnosticos da America (DASA) has finalized the placement of BRL450m ($206m) in Brazil’s domestic bond market, according to Anbima. The Brazilian medical services provider’s 2018 debenture pays DI+1.15%, in line with a pre-set ceiling, and amortizes in annual installments starting in 2017. DASA is raising funds to refinance debt and for working capital. Banco Votorantim managed the placement, done under the rule 476 restricted format.