July 23, 2021 |
Brazilian shopping mall operator Iguatemi reduced its borrowing costs in the local bond market, pricing a two-part deal at lower spreads than last year, according to a securities filing.
The company raised BRL500 million ($96 million) in a two-part debt sale in the local market this week, pricing BRL264 million in five-year debentures at the DI interbank lending rate plus 1.48% and BRL236 million in seven-year debentures at the DI plus 1.63%, it said in a filing on Wednesday. It also said it wou
Brazilian shopping mall operator prices a two-part debenture sale at lower spreads than last year