Gerdau raises more reais

Gerdau raises more reais

Debenture Debt Capital Markets Corporate & Sovereign Strategy Rule 476 Brazil

Brazil's Gerdau has returned to the local debt market with BRL1.4bn ($354m) in debentures, split between BRL800m in seven-year notes and BRL600m in four-year notes, according to the capital markets association Anbima. The bookrunner Santander priced

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