Odebrecht Continues to Target LM

Odebrecht Continues to Target LM

Following April’s $750 million bond issue to replace existing debt, Brazilian builder Construtora Norberto Odebrecht plans to continue seeking liability management opportunities. However, the attractive rate environment that has brought so many issuers to market may be coming to an end, its CFO says. “Whenever we have an opportunity to issue less expensive debt and longer debt we aim to maybe access the market again,” Jayme Fonseca told LatinFinance.  “You never know, yields are going so l

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