August 9, 2022 |
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
Brazilian infrastructure company plans to issue $205 mln in 2027 debentures