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Brazil’s Rede D’Or plans up to $500 million seven- to 10-year notes
By Rebecca Melvin
New York, Jan. 5 – Rede D'Or Finance Sarl, a subsidiary of Rede D'Or Sao Luiz SA, plans to price up to $500 million of seven- or 10-year senior unsecured bonds (expected rating: //BB+), according to market sources.
Net proceeds will be used for general corporate purposes, including the repayment of debt, capital expenditures and/or a liquidity increase.
Sao Paulo-based Rede D’Or is a hospital owner and operator.
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