Localiza prints more debentures

Localiza prints more debentures

Brazil Bonds

Brazil's Localiza, through subsidiary Localiza Fleet, has sold another BRL250m ($75m) in debentures yesterday, in addition to a BRL500m issued earlier this week, according to a company statement. The company did not disclose the spreads on this latest local issue, but earlier this week, Localiza issued BRL500m in 2022 notes  at 111.50% over the DI interbank lending rate. Bradesco BBI led the sale, structured under Brazil's Rule 476, while Pentagono was the trustee.This transaction allo

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