Eneva prices long-term bonds for investments

Eneva prices long-term bonds for investments

Debt Capital Markets Debenture Fixed Income Rule 400 Brazil

Brazilian power generation company Eneva said Friday that it priced BRL948 million ($178 million) in long-term bonds in the local market to cover investments in power plants and natural gas production. The Rio de Janeiro-based company offered BRL574 million in 15-year debentures at the IPCA consumer price index plus 4.5034% and BRL374 million in 10-year debentures at IPCA plus 4.127%, it said in a securities filing. Eneva added that it expects to settle the transaction on September 29. The 15-ye

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