NTS picks up $660 mln in local bond market

NTS picks up $660 mln in local bond market

Bonds Debt Capital Markets Brazil Gas Pipelines

Brazilian natural gas pipeline operator Nova Transportadora do Sudeste (NTS) said it sold BRL3.5 billion ($662 million) worth of debentures in the local market, according to a securities filing on Thursday. The three series of 2027, 2029, and 2032 notes were issued in September and the offer was closed on October 11, it said. NTS said debentures were entirely sold to “interested investors,” adding that it will use the proceeds to roll over 2018 debenture-related debt that matures next April. Ita

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