Eneva picks bank for debt deal

Eneva picks bank for debt deal

Bonds Debt Capital Markets Corporate & Sovereign Strategy Debenture Fixed Income Energy Electricity Brazil

Brazilian power generation company Eneva said it hired Itaú Unibanco as market maker for the upcoming sale of BRL600 million ($142 million) worth of debentures in the local market. Eneva could divide the deal into four parts, raising money to pay off debt that comes due in less than two years and also cover its expansion plans, the company said in a securities filing. S&P Global affirmed Eneva's brAAA credit rating on the local scale last week, saying the company will likely reach its highes

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