October 27, 2020 |
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Brazilian airline Azul said Monday that it plans to issue up to BRL1.6 billion ($285 million) in debentures to raise funds during the COVID-19 pandemic, rather than take a line of credit from the national development bank BNDES.
The dollar-indexed, f
Brazilian airline opts to issue $285 mln in debentures rather than access credit from the national development bank