Fleury schedules debt sale

Fleury schedules debt sale

Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Debenture Brazil Rule 476

Brazil's Grupo Fleury said it plans to raise BRL500 million ($118 million) from a two-part debt deal in the local market.The São Paulo-based medical services company intends to issue BRL300 million in eight-year notes and BRL200 million in five-year notes, raising money to pay off short-term debt and add to working capital, it said in a securities filing.It added that it expects to price the eight-year notes at the DI interbank lending rate plus 1.2% and the five-year notes at the DI plus 0.9%.

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