Globo taps bookrunners, sets roadshow schedule for $200 million notes

By Aleesia Forni

Columbus, Ohio, March 29 - Globo Comunicacao e Participacoes SA (Baa2/BBB/BBB+) mandated HSBC and Itau BBA to arrange fixed-income investor meetings ahead of the issuance of $200 million senior exchangeable notes to be issued by Pontis II Ltd., according to a market source.

Meetings are scheduled to get underway in London on March 30, New York on April 2 and Boston on April 3.

The notes will be exchanged into amended step-up senior notes of Globo due 2022.

Subject to market conditions, a separate Regulation S transaction may follow.

The media company has headquarters in Rio de Janeiro.

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