BR Malls prints long-term notes

BR Malls prints long-term notes

Debenture Debt Capital Markets Brazil

Brazilian shopping mall company BR Malls issued BRL500 million ($95.9 million) in long-term debentures in the local market after two other issuers completed multi-part deals, according to the capital markets association Anbima. With Itaú BBA as lead coordinator, BR Malls priced the new 2099 notes at the DI interbank lending rate plus 2.3%, according to Anbima.  BR Malls confirmed in October that it was in merger talks with Ancar Ivanhoe to create the largest shopping mall operator in Brazil. Als

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