T4F renegotiates debt terms

T4F renegotiates debt terms

Asset Management Bonds Debt Capital Markets Debenture Fixed Income Funds Regulation Rule 476 Coronavirus Brazil Latin America

Brazilian entertainment company T4F Entretenimento said on Monday that it renegotiated terms on a series of debentures that it issued in 2018. T4F, or Time For Fun, increased the spread on the notes to the DI interbank lending rate plus 1.88% from DI plus 1.62% and pushed back the start of the repayment period to November 5 from May 5, it said in a securities filing. The company also said it will repay the principal in five semi-annual installments, not the original six, but it added that it lef

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