Brief: Brazil's RodoNorte to issue bonds
Brazilian infrastructure group CCR authorized subsidiary RodoNorte to issue bonds to reinforce its cash position.
RodoNorte will raise up to 150mn reais (US$40.5mn) with the issue, which will mature in July 2021, the company said in a filing with securities regulator CMV.
The unit holds concessions for 567km of highways in Paraná state. CCR's portfolio includes metro lines, airports and highways.
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News in: Infrastructure (Brazil)
São Paulo state advances US$1.5bn highway concession plans
The notice is planned to be published during the second quarter and the auction is planned for the third.
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