June 21, 2019 |
Copel, the Paraná state power company, and ViaPaulista, a toll road concession owned by Arteris, have raised BRL900m ($234m) combined from the sale of debentures in the Brazilian market, according to the local capital markets association Anbima.
Copel issued BRL500m in three-year notes at 106% of the DI interbank lending rate, raising money to redeem older notes and add to working capital. BTG Pactual was the lead manager on the debt sale, according to Anbima.
Copel has BRL520m in debentures t
Paraná state power company earns $130m to redeem old notes, while the toll road concessionaire gets $104m for pay off a loan