Lojas Americanas makes cross-border bond debut

Lojas Americanas makes cross-border bond debut

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Brazil

Brazilian retailer Lojas Americanas carried out its first international bond deal on Tuesday, selling $500 million worth of 10-year bonds through its Luxembourg-based subsidiary JSM Global, according to a source involved in the deal. The company priced the new 4.75% 2030 bonds at 99.998 to yield 4.75% with Bank of America, BTG Pactual and Itaú BBA as the lead arrangers, the source said. The other banks on the deal were Bradesco BBI, Citi, Goldman Sachs, JPMorgan and Santander. Lojas Americanas o

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial