October 6, 2021 |
Brazilian healthcare group Rede Mater Dei said Tuesday that it plans to carry out its first deal in the local bond market, issuing BRL500 million ($91.2 million) in debentures to add to its cash position.
The seven-year notes are expected to price at the DI interbank lending rate plus 1.75% in a restricted offering under Rule 476, Mater Dei said in a securities filing.
Belo Horizonte-based Mater Dei raised BRL1.4 billion in an initial public offering (IPO) in April. It agreed in July to buy 70%
Brazilian healthcare group plans to raise $91 mln to add to its cash position