Minerva schedules calls for 2023s

Minerva schedules calls for 2023s

Debt Bonds Capital Markets Corporate & Sovereign Strategy Brazil

Minerva has scheduled a set of investor calls through Tuesday to fund its tender offer for $250.1m in outstanding 7.75% 2023 bonds, DCM sources said. The Brazilian food company has nominated Banco do Brasil, Bank of America Merrill Lynch, Bradesco, HSBC and Itau BBA to lead the potential trade. Part of the proceeds will go towards Minerva's 2023 cash tender. The company is offering bondholders who tender by December 13 $1,046 for every $1,000 exchanged in principal. Noteholders, which tender aft

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial