Iguá issues infrastructure bonds

Iguá issues infrastructure bonds

Project & Infrastructure Finance Debenture Debt Capital Markets Rule 476 Brazil

Brazilian water and wastewater company Iguá Saneamento said it earned BRL880 million ($165 million) from the sale of infrastructure bonds in the local market, raising money for investments in two different concessions. The São Paulo-based company issued BRL620 million in 14-year debentures to fund investments in the city of Cuiabá and BRL260 million in 10-year debentures for investments in Paranaguá. Both series of notes priced at the IPCA consumer price index plus 6.1%, Iguá said in a securitie

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