Duke debenture to take dual-tranche format

Duke debenture to take dual-tranche format

Bonds

Duke Energy International’s BRL479m debenture sale is to be a dual-tranche instrument, with 5 and 7 year tenors, according to a ratings report from Moody’s. The BRL239m 5-year tranche will be indexed to the DI, while the BRL240m 7-year tranche will b

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