CCR Road Readies Infra Debenture Return

CCR Road Readies Infra Debenture Return

Brazil Bonds

Brazil’s AutoBan is planning to raise about BRL450m ($198m) through the sale of infrastructure debentures, or domestic bonds qualifying for special tax treatment, according to people familiar with the process. A deal would be the issuer’s second infrastructure debenture sale, and make it the first borrower in the new asset class to come back to the market for a second helping. The unit of Companhia de Concessoes Rodoviarias (CCR) raised BRL1.1bn in October last year, with a BRL135m 2017 tranche

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