December 3, 2013
JHSF Participacoes is preparing to raise BRL300m ($128m) in Brazil’s domest
JHSF Participacoes is preparing to raise BRL300m ($128m) in Brazil’s domestic bond market, it says. The plan is for a 2023 debenture that begins amortizing in 2016 and pays DI+2.7%. The developer is raising funds for working capital and repaying old debt. An investor relations official declines to disclose the identity of the two banks managing the sale, to be done under the rule 476 restricted format.