Three issuers make debenture debut

Three issuers make debenture debut

Debenture Capital Markets Debt Bonds Fixed Income Brazil

Three companies in Brazil — Divcom Pharma, Vix Logística and Corpóreos Serviços Terapeuticos — have gone to the bond market for the first time, raising a combined BRL559m ($143m) in funding before the end of the year, according to the local capital markets association Anbima. Divcom issued BRL269m in six-year debentures, priced at 2.3% over the DI interbank lending rate. Bradesco BBI was the underwriter on the deal. The local pharmaceutical company Farmoquímica acquired Divcom in May 2017. Divco

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