E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/11/2014 in the Prospect News Emerging Markets Daily.

Brazil’s RioPrevidencia talks $1 billion 10-year bonds at mid-6% area

By Aleesia Forni and Christine Van Dusen

Virginia Beach, June 11 – Brazil’s RioPrevidencia set price talk for a planned $1 billion issue of notes due July 6, 2024 (expected ratings: /BBB-/BBB) in the mid-6% area, a market source said.

The notes will be issued by Rio Oil Finance Trust.

BB Securities and BNP Paribas were the bookrunners for the Rule 144A and Regulation S deal.

RioPrevidencia is the public pension fund for Rio de Janeiro.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.