Arteris readies three-part debenture sale

Arteris readies three-part debenture sale

Project & Infrastructure Finance Brazil Bonds

Brazil's Arteris said it will return to the local capital markets with a three-part debenture sale for BRL1.5bn ($485m) on October 15.The toll road operator will sell two series of 2022 notes for BRL500m each, with the spread capped at 1.6% above the DI interbank lending rate. It will also sell another BRL500m in 2024 at 0.5% above the IPCA consumer price index.BTG Pactual will lead the Rule 400 transaction, with Itau BBA, BB Investimentos, Bradesco BBI and XP Investimentos as coordinators. Vort

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