Comgas Sets Debenture Timing

Comgas Sets Debenture Timing

Brazil Bonds

Brazil’s Comgas is looking to begin the bookbuilding process for a BRL400m ($170m) domestic bond sale September 25, according to a prospectus, and conclude by October 16. The Cosan-controlled gas distributor has restarted the sale process suspended earlier this year, adding a third tranche and widening price talk. A 2019 tranche pays the DI plus up to 0.98% and amortizes in equal parts at the end of each of the final three years, according to a prospectus. A 2018 bullet inflation-linked tranche

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