April 26, 2019 |
Brazil's Equatorial Energia plans to sell up to BRL385m ($97.4m) in debentures in the local market to fund the construction of three transmission lines, according to a report from S&P Global.
The Brasília-based power company will issue three series of 20-year debentures through transmission line SPVs, with one for BRL189m, another for BRL130m and a third for BRL66m, S&P said.
S&P also said it has assigned the debentures a brAA+ rating on the local scale, adding that Equatorial's tr
Brazilian power company prepares a three-part debt sale in the local market