Eletrobras unit to sell debentures

Eletrobras unit to sell debentures

Debenture Equity Brazil Capital Markets Energy

Brazil's state-controlled electricity holding Eletrobras said a proposed debenture issue of BRL400 million ($75 million) will be submitted to the shareholders' assembly of CGT Eletrosul, the power generator and transmission arm of its southern subsidiary Eletrosul. The company said there will be two series of debentures of BRL185 million and BRL215 million, according to a securities filing. Further details have yet to be unveiled, according to a company source. In addition, CGT Eletrosul said it

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