By Cady Vishniac
Detroit, Dec. 15 – B2W Companhia Digital priced R$3.1 billion of 6.957% debentures due Dec. 15, 2030 (Ba1/BB/BB) through subsidiary B2W Digital Lux Sarl on Nov. 15, according to a company release.
The bookrunner on the deal is Banco Bradesco SA.
Proceeds will go toward extending the company’s debt profile and for general corporate purposes.
B2W is an online retailer based in Rio de Janeiro.
| Issuer: | B2W Digital Lux Sarl
|
| Guarantor: | B2W Companhia Digital
|
| Issue: | Debentures
|
| Amount: | R$3.1 billion
|
| Maturity: | Dec. 15, 2030
|
| Bookrunner: | Banco Bradesco SA
|
| Coupon: | 6.957%
|
| Pricing date: | Nov. 19
|
| Settlement date: | Nov. 30
|
| Ratings: | Moody’s: Ba1
|
| S&P: BB
|
| Fitch: BB
|
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