July 24, 2020
CCR AutoBAn, a toll road concessionaire owned by the Brazilian infrastructure company CCR, said it plans to issue BRL390 million ($75.1 million) in debt in the local market, raising money to add to its cash reserves.
JPMorgan will lead the sale of the three-year debentures with Santander as the other bookrunner, according to a securities filing from Wednesday.
In its last debt deal in October last year, CCR AutoBAn issued BRL770 million in seven-year debentures at the DI interbank lending rate p
CCR AutoBAn plans to issue $75 mln in three-year debentures to add to cash reserves