Brazilian Builder Gets 5x Demand

Brazilian Builder Gets 5x Demand

Brazil Bonds

Brazil’s Construtora Andrade Gutierrez (CAG) has priced its inaugural $500m 2018 bond, building a book that reached around $2.5bn. The Brazilian builder priced at 99.440 with a 4.00% coupon to yield 4.125%, the tight end of 4.25%-area guidance and lo

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