May 2, 2019 |
MRS Logística and Santos Brasil Participações have raised BRL950m ($242m) combined from the sale of debentures in the local market, according to the capital markets association Anbima.
MRS, a railroad concessionaire based in Rio de Janeiro, issued BRL650m in debentures, split between BRL367m in five-year notes based on the IPCA consumer price index and BRL283m in five-year notes based on the DI interbank lending rate.
The bookrunner Santander priced the first series at 410bp over IPCA and the se
Brazilian railroad and port terminal operators raise $242m combined from the sale of debentures