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
Paraná state water company earns $91m from a two-part debt deal in the local market