Total Eren raises debt in Brazil

Total Eren raises debt in Brazil

Debenture Debt Capital Markets Fixed Income Energy Renewable Brazil Europe Solar

Eren Dracena Participações, a solar power producer in Brazil owned by the French renewable energy company Total Eren, raised BRL280 million ($63.8 million) from the sale of long-term debentures in the local debt market, according to the capital markets association Anbima. Led by BNP Paribas, Eren Dracena priced the 17.5-year notes at the IPCA consumer price index plus 4.7%, according to Anbima. The IPCA stood at 4.31% at the end of last year, according to the national statistics agency IGBE. Fit

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