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Brazil’s Rumo sets talk in high-7% area for dollar seven-year bonds
By Christine Van Dusen
Atlanta, Feb. 2 – Rumo Logistica Operadora Multimodal SA set talk in the high-7% area for a dollar-denominated offering of notes due in seven years (expected ratings: /BB-/BB-), a market source said.
BB Securities, Bradesco, BTG Pactual, Itau, Morgan Stanley and Santander are the bookrunners for the Rule 144A and Regulation S deal.
The logistics company and rail operator is based in Curitiba, Brazil.
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