Engie places notes in Brazil

Engie places notes in Brazil

Debenture Debt Capital Markets Corporate & Sovereign Strategy Energy Electricity Brazil Europe

Engie Energia Brasil, a division of the French energy company Engie, has placed BRL2.5bn ($611m) in debentures in the local market, according to the capital markets association Anbima. The lead coordinator Santander priced the 16-month notes at 102.5% of the DI interbank lending rate, according to Anbima. Engie got a 10-year, $5.95bn loan last month from 10 lenders to fund the acquisition of the TAG natural gas pipeline from the state-owned energy company Petrobras. Engie and the Canadian pens

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