Rio Finance meets bond investors for ABS

Rio Finance meets bond investors for ABS

Structured Finance

Rio de Janeiro state pension fund, RioPrevidencia has hired BB Securities and BNP Paribas to organize a roadshow as part of plans to issue a dual-currency bond via its Rio Finance Oil Trust. The two-team roadshow started on Wednesday and finishes on Tuesday. It includes meetings in Boston, London, Los Angeles, New York, San Francisco and Santiago, sources said. The borrower is planning a securitization backed by royalties due to the government of Rio de Janiero from Petrobras, rating agencies sa

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