Brazilian telecommunications operator Embratel plans to issue non-convertible bonds totalling R$3.5bn (US$2bn), according to BN Americas.
Embratel is making two issues, marked as class A and class B, worth R$3.15bn (US$1.8bn) and R$350m (US$200m)…
Brazilian telecommunications operator Embratel plans to issue non-convertible bonds totalling R$3.5bn (US$2bn), according to BN Americas.
Embratel is making two issues, marked as class A and class B, worth R$3.15bn (US$1.8bn) and R$350m (US$200m) respectively.
The class A bonds will mature in three years while the class B bonds will mature in four years.
Embratel was not available for comment at the time of going to press.