Comgas Sets Infra Debenture Wheels in Motion

Comgas Sets Infra Debenture Wheels in Motion

Brazil Bonds

Brazil's Comgas has officially asked regulators to restart the sale process for a BRL400m ($198m) domestic bond, it says. Doing so now sets it up to likely price in mid to late June. The transaction - which plans a tranche qualifying for tax exemption under the infrastructure debenture law - was postponed last month. 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

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