November 20, 2020 |
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
Brazilian infrastructure company and shopping mall developer could raise $273 mln combined