Intermédica issues local debt

Intermédica issues local debt

Debenture Debt Capital Markets Bonds M&A Loans Brazil

Brazil's NotreDame Intermédica has sold BRL900m ($237m) in debentures through its subsidiary BCBF Participações, according to the local capital markets association Anbima. Citi priced the four-year notes at 100bp over the DI interbank lending rate, with Bradesco as the agent bank and Planner as the trustee. The DI stood at 6.4% on January 23. Citi led a $220m syndicated loan to finance Intermédica's BRL1.2bn acquisition of the smaller healthcare firm Green Line Sistema de Saúde.  The US bank

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