November 8, 2018
Brazil's Invepar has postponed a planned bond sale and said it is waiting for "favorable market conditions."
The infrastructure investor ended a four-stop roadshow on October 24, after meeting investors in New York, Los Angeles, Boston and London, and had planned to issue at least $500m in bonds before the end of last month. Citi, Santander, Banco do Brasil, Bradesco and BTG Pactual were leading the deal.
Invepar had put up its 100% stakes in the Linha Amarela toll road and the MetrôRio subway
Brazilian infrastructure investors says it prefers to wait for "favorable market conditions"