EcoRodovias to roll over debt in local bond market

EcoRodovias to roll over debt in local bond market

Corporate & Sovereign Strategy Debenture Brazil Capital Markets Project & Infrastructure Finance Toll Road Debt

Brazilian infrastructure company EcoRodovias said it intends to issue BRL1.05 billion ($205 million) in 2027 debentures to refinance debt, fund investments and increase cash holdings, according to securities filings. The company expects to price the new five-year notes at the DI interbank lending rate plus 1.6%, it said in the minutes of a board meeting. EcoRodovias did not say if it had hired banks to arrange the sale. In March, it worked with Bradesco BBI on the sale of BRL950 million worth of

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