September 30, 2013
Brazil's Transmissora Alianca de Energia Eletrica (Taesa) is closer to its
Brazil's Transmissora Alianca de Energia Eletrica (Taesa) is closer to its return to the domestic bond market, plotting a BRL540m ($239m) sale. The Cemig-owned transmission company is preparing inflation-linked bonds to be sold in 8-year and 12-year tranches, it says, with the size of each to be determined during bookbuilding. It is raising funds to repay debt. Citi and Banco Votorantim are managing, according to people familiar with the matter.