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Prospect News home > News index > List of issuers C > Headlines for Centrais Eletricas do Norte do Brasil SA > News item
Published on 10/21/2019 in the Prospect News Emerging Markets Daily.

Brazil’s Eletrobras board approves up to R$2.5 billion of debentures

By Sarah Lizee

Olympia, Wash., Oct. 21 – Centrais Eletricas Brasileiras SA (Eletrobras) said its board of directors met on Friday and approved up to R$1.25 billion of nonconvertible debentures to be issued by subsidiary Centrais Eletricas do Norte do Brasil SA (Eletronorte) and up to R$1.25 billion of nonconvertible debentures to be issued by subsidiary Furnas – Centrais Eletricas SA.

The debentures are expected to be issued on Nov. 15, according to a press release.

Brasilia-based Eletrobras is Brazil’s largest utility company.


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