Engie's Brazilian unit circles bond investors

Engie's Brazilian unit circles bond investors

Debt Bonds Capital Markets Fixed Income Brazil

Engie may print up to $530m in bonds next year to fund project investments, sources have said. The French company's Brazilian electric arm is charting funding after it approved a BRL2.1bn ($664.2m) local bond, but with activity increasing in Brazil's energy space, the company is looking abroad for debt, one fixed-income investor said. Earlier this week, Engie Brazil won an auction carried out by the National Power Agency (ANEEL) for the concession of 1,146 km of transmission lines in Paraná Stat

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