CPFL plans debt issue for CEEE-T acquisition

CPFL plans debt issue for CEEE-T acquisition

Energy Debt Debenture Capital Markets Electricity Brazil

Brazilian power company CPFL Energia plans to raise debt to fund part of the acquisition of electricity transmission company CEEE-T from the Rio Grande do Sul state government, CPFL CEO Gustavo Estrella said on Friday. "We already have part of the funds available within the company, but we also intend finance this in the capital markets through a debt issue," Estrella said in response to a question from LatinFinance at a press conference after the privatization auction at the B3 stock exchange i

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