Invepar plots next debt sale

Invepar plots next debt sale

Bonds Debt Capital Markets Corporate & Sovereign Strategy Debenture Project & Infrastructure Finance Brazil

Brazil's Invepar said it plans to issue BRL1.37bn ($355m) in debentures to pay off notes held by international investment funds. The Rio de Janeiro-based infrastructure company expects to price the two-year notes at 12.64% over the IPCA consumer price index, it said in a securities filing. In December 2017, when Invepar issued BRL800m in two-year debentures, it priced the notes at 14.9649% over IPCA. The Abu Dhabi fund Mubadala acquired BRL650m of those notes. Invepar said it will use part of th

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