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10 months ago
BRIEF-Companhia Brasileira de Distribuicao to issue up to 1.01 bln reais in debt
October 6, 2016 / 11:46 AM / 10 months ago

BRIEF-Companhia Brasileira de Distribuicao to issue up to 1.01 bln reais in debt

Oct 6 (Reuters) - Companhia Brasileira de Distribuicao :

* Said on Wednesday its board of directors approved an issue of simple non-convertible debentures in the total amount of 750.0 million Brazilian reais ($233.0 million) which can be increased up to 1.01 billion reais

* Debentures to be issued through private placement to Ares 2 Servicos Imobiliarios Ltda, to have a validity period of three years

* Funds to be intended exclusively for purchase of agricultural products

Source text: bit.ly/2dwu6ZM

Further company coverage:

$1 = 3.2194 reais Gdynia Newsroom

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