CCR, brMalls schedule local debt sales

CCR, brMalls schedule local debt sales

Debt Capital Markets Corporate & Sovereign Strategy Debenture Rule 476 Brazil Latin America

Brazilian infrastructure company CCR approved the sale of BRL950 million ($179 million) worth of debentures in the local market, while shopping mall developer brMalls set up a deal for BRL500 million in local notes, according to filings on Wednesday. CCR said it will sell the notes in two series with six- and eight-year maturities and brMalls said it will issue perpetual debentures in a single series. brMalls added that it will use the proceeds of the issuance for working capital and to refinanc

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