Cemig completes calls ahead of 2024 tap

Cemig completes calls ahead of 2024 tap

Bonds Capital Markets Brazil

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

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