Corsan schedules local debt sale

Corsan schedules local debt sale

Debenture Debt Capital Markets Fixed Income Project & Infrastructure Finance Rule 476 Brazil

Corsan, the state water company in Rio Grande do Sul, said Thursday it plans to issue BRL600 million ($111 million) worth of debentures in a four-part deal in the local market. The Porto Alege-based utility said it could issue a total of BRL150 million in three- and five-year notes alongside BRL450 million in seven- and 10-year debentures, according to a securities filing. The company did not say if it has hired bookrunners to arrange the debt sale or when it planned to issue the new notes. It a

Already have an account?

Free trial

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

Free Trial