Comgas Infra Debentures Back on

Comgas Infra Debentures Back on

Brazil Bonds

Brazil’s Comgas has moved to restart the sale process for a BRL400m ($200m) domestic bond, it says. The transaction – which plans a tranche qualifying for tax exemption under the infrastructure debenture law – had been postponed last month. There was no immediate indication of timing, or if the terms have changed. The gas distributor had been planning a 2020 tranche paying the DI plus up to 0.85% and amortizing in three parts during the final three years. A second 2018 inflation-linked bullet in

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