Eletrobras earns a billion from local debt sale

Eletrobras earns a billion from local debt sale

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

Brazil's Eletrobras has earned BRL5bn ($1.22bn) from a four-part debenture deal in the local market, issuing notes with maturities from three to 10 years, according to the capital markets association Anbima. The state-owned power company sold BRL1.1bn in three-year notes, along with BRL2.2bn in five-year notes, BRL1bn in seven-year notes and BRL700m in 10-year notes. Santander coordinated the sales and priced the 2022s at 70bp over the DI interbank lending rate, the 2024s at 100bp over the DI,

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial