News
12 May 2022

Sao Paulo Metro raises $77m for modernisation projects

In:
Infrastructure
Region:
Americas

Metro de Sao Paulo has raised BRL400 million ($77 million) from the issuance of simple debentures. The 5-year debentures will carry a interest rate of CDI plus 4.50% and were six-times oversubscribed. Proceeds will strengthen the company's cash balance and be used to invest in the modernisation...

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