Arteris road issues local notes

Arteris road issues local notes

Debenture Debt Capital Markets Project & Infrastructure Finance Fixed Income Rule 476 Brazil

Brazil's Arteris said Autopista Régis Bittencourt has sold BRL1.7 billion ($400 million) in debentures in the largest debt deal to date by one of its toll road concessionaires. The concessionaire issued BRL1 billion in 12-year debentures at 4.5% over the IPCA consumer price index and BRL700 million in eight-year notes at 0.86% over the DI interbank lending rate, Arteris said in a securities filing. The deal, led by BTG Pactual, received more than BRL2.4 billion in orders, it added. Arteris said

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