June 12, 2019 |
Brazil's Sanepar has earned BRL350m ($90.8m) from a two-part debenture deal in the local market, according to the capital markets association Anbima.
The Paraná state water company split the deal into BRL181m in seven-year notes and BRL169m in five-year notes. The 2026s priced at 107.25% of the DI interbank lending rate, while the 2024s priced at 106.05% of the DI. Banco Votorantim was the lead coordinator on the debt sale, according to Anbima.
Sanepar said in March that it will use the money to
Paraná state water company earns $91m from a two-part debt deal in the local market