Simpar weighs debt sale

Simpar weighs debt sale

Debt Bonds Capital Markets Fixed Income Corporate & Sovereign Strategy Brazil Europe

Simpar, the parent company of Brazilian logistics firm JSL, said Tuesday that it could issue bonds in the international market through its European subsidiary "in order to continue the process of extending the maturity of its indebtedness." Simpar took a 55.1% stake in JSL after a corporate restructuring in July last year that was designed to make it easier to spin off the logistics company's different divisions through initial public offerings (IPOs). The holding company had planned to raise up

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