By Paul A. Harris
St. Louis, June 13 - Compania de Saneamento Basico do Estado de Sao Paulo (Sabesp) priced an upsized $225 million of senior notes due June 20, 2008 (B+) at par to yield 12%, market sources reported Friday.
The deal was increased from $200 million.
UBS Warburg was the bookrunner.
Sabesp is a state-owned Brazilian water company.
| Issuer: | Compania de Saneamento Basico do Estado de Sao Paulo (Sabesp)
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| Amount: | $225 million (increased from $200 million)
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| Maturity: | June 20, 2008
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| Security description: | Senior notes
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| Bookrunner: | UBS Warburg
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| Coupon: | 12%
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| Price: | Par
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| Yield: | 12%
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| Call: | Non-callable
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| Settlement date: | June 20, 2003
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| Ratings: | Standard & Poor's: B+
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