Sanepar sells debentures

Sanepar sells debentures

Debenture Capital Markets Debt Rule 476 Brazil

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

Already have an account?

Free trial

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

Free Trial