July 2, 2019 |
Brazilian mining company Usiminas has scheduled roadshows from July 8 to July 10, as it prepares to launch a bond to refinance outstanding debt, LatinFinance has learned.
"They have $1.5bn in loans and debentures with an amortization schedule until 2025,” said a banker not in the deal, adding that the company is looking to exercise a cash sweep option to pre-pay some of its loans and bonds.
The Belo Horizonte-based company said in a statement that it has agreed to finance some of its debt with B
Brazilian miner to meet with investors in London, New York, Los Angeles, Boston