February 11, 2020 |
This story has been updated to reflect the amount outstanding bonds that Rede D'Or has in Braziian reais.
Brazilian private healthcare company Rede D'Or sold an additional $350 million worth of its newly issued 4.5% 2030 bonds, a source involved in the deal said on Monday.
Rede D'Or priced the tap on the 4.5% 2030 bonds at 100.784 to yield 4.4%, the source said.
The company had opened the initial price talk in the 4.5% area. It then set guidance at 4.4%, where it eventually launched.
Brazilian private healthcare company adds $350 mln to notes issued less than a month ago