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Brazil's Net Servicos to sell $150 million in perpetual bonds
By Reshmi Basu
New York, Nov. 9 - Net Servicos de Comunicacao plans to sell $150 million in perpetual bonds (/BB-), according to a market source.
The roadshow is slated to begin on Tuesday, making stops in Zurich, Hong Kong, New York, and Singapore.
Deutsche Bank is the lead manager for the Rule 144A and Regulation S deal, which will be non-callable for three years.
The issuer is Brazil's largest cable television provider, based in Sao Paulo.
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