Brazil Set for Bond-Sale Surge After Petrobras’s $4 Billion Haul


bonThe bond sale by Brazilian oil giant Petrobras this week may just be the start of an issuance boom from the South American country.

Sugar producer Raizen Energia SA has hired banks to gauge interest for a possible overseas debt offering, while chemicals maker Braskem SA said it’s considering a sale of its own. They’re not alone. Mining behemoth Vale SA and aircraft producer Embraer SA are among other Brazilian companies also currently weighing raising cash in international debt markets, according to local news reports.

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