June 11, 2019 |
Two subsidiaries of the Brazilian power company CPFL Energia, RGE Sul and CPFL Piratininga, have raised BRL955m ($246m) from the sale of debentures in the local market, according to the capital markets association Anbima.
RGE Sul, a power utility company in the southern state of Rio Grande do Sul, issued BRL740m five-year notes at 107% of the DI interbank lending rate in a deal led by Itaú BBA, according to Anbima.
Itaú BBA also led CPFL Piratininga to the local debt market with BRL215m in fiv
Itaú BBA leads RGE Sul and CPFL Piratininga to the Brazilian bond market for $245m in debentures