Viveo could raise debt for latest acquisitions

Viveo could raise debt for latest acquisitions

Corporate & Sovereign Strategy Equity M&A Brazil Capital Markets Healthcare Hospitals

Brazilian medical supplies company Viveo could raise debt to finance its three latest acquisitions, CEO Leonardo Byrro told LatinFinance on Tuesday. "Viveo currently has a robust capital structure with a net cash balance at the end of 2021. It will use its own funds and may issue new debt to finance these acquisitions," Byrro said in an email. The company said on Monday that it would pay BRL366 million ($78.2 million) to buy three companies, Life, FAMAP and PHD Produtos Hospitalares, in a "missi

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