Eletrobras Prices $750M Bond for Debt Refinancing

Eletrobras Prices $750M Bond for Debt Refinancing

Centrais Elc Braz Pfb B Elbras (EBR.B) has released an update.

Centrais Elétricas Brasileiras S.A. – Eletrobras has announced the pricing of a $750 million bond offering, with a 6.500% coupon, maturing in January 2035. The issue price is set at 98.173%, with an investor yield of 6.750% per annum, and the closing is expected on September 11, 2024. The proceeds from the bond offering are intended to refinance existing debts.

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