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 five-
Itaú BBA leads RGE Sul and CPFL Piratininga to the Brazilian bond market for $245m in debentures