Azul chooses bonds over BNDES loan

Azul chooses bonds over BNDES loan

Capital Markets Corporate & Sovereign Strategy Debt Equity Loans Rule 400 Coronavirus Brazil Latin America US

Editor's note: LatinFinance is making some of its most important coronavirus-related material available to all readers. Visit our coronavirus section for all our coverage and sign up to receive the Daily Brief newsletter in your inbox every morning. 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

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