July 12, 2018 |
Brazilian Cemig conducted a bunch of investor calls on Wednesday ahead of reopening its $1bn 9.25% 2024 bond, LatinFinance understands. The same quartet of banks that led the November trade set initial price talk (IPT) in the par area late on Wednesday.
The power company's 2024s were spotted around 102.5 in secondary trading before the retap hit screens, two DCM sources said.
Syndicate desks from Bradesco, Citi, Deutsche Bank and Itau BBA expect to wrap up bookbuilding today [Thursday] and a ben
Brazilian power company sets IPT in the par area after the securities were spotted at 102.5 in secondary trading, sources