Brazil's B3 arranges local debt sale

Brazil's B3 arranges local debt sale

Debenture Debt Capital Markets Corporate & Sovereign Strategy Equity Rule 476 Brazil

Brazil's B3 said it has received board approval to sell BRL1.2bn ($304m) in debentures as it targets a leverage level of 1.5 times EBITDA and looks to distribute between 120% and 150% of net income to its shareholders. The São Paulo stock exchange w

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