Hypermarcas Upsizes Tender on Strong Response

Hypermarcas Upsizes Tender on Strong Response

Brazil Bonds

Hypermarcas has decided to buy back up to $418.7m of its 2021 bonds in a tender offer, raising the limit from an original $300m on the back of strong demand. Holders of $418.7m of the $750m total amount accepted as of the November 8 early deadline, the Brazilian consumer products specialist says. Because the tender offer was fully subscribed, holders accepting after the early deadline will not have their notes accepted for purchase unless Hypermarcas again increases the limit. The offer is sched

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial