JSL bulks up 2024 paper

JSL bulks up 2024 paper

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Brazil

JSL added $300m to its 7.75% 2024 non-call three bond on Monday, taking the total outstanding to $625m, DCM sources confirmed. The Brazilian logistics company retained JPMorgan, Morgan Stanley and Santander as global coordinators. Leads started price talk in the 7% area before tightening yield at guidance to 6.75% and later pricing the retap at the same level, sources said. Proceeds will refinance debt and go towards general corporate purposes. Fitch Ratings rated the reopening BB, saying the no

Already have an account?

Free trial

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

Free Trial