May 6, 2020 |
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
Brazilian entertainment company delays payments but increases the yield on its 2022 notes