March 24, 2020
Paraná state water company Sanepar sold BRL350 million ($68.3 million) worth of debentures in the one deal that priced in the Brazilian bond market last week, according to the local capital markets association Anbima.
Led by Itaú BBA, the water utility priced the seven-year paper at the IPCA consumer price index plus 4.657%, according to Anbima.
Sanepar outlined a two-part deal in February and said it planned to divide the sale of BRL350 million in debt into one series of seven-year notes and an
Paraná state water company sells $68 mln in seven-year debentures as Brazilian bond market slows to a crawl