Marisa Preps Domestic Funding

Brazilian retailer Marisa plans to raise BRL350m ($194m) in the local bond market. The 5-year bond is expected to pay interest at up to 111.2% of the DI, and amortize equally in years 4 and 5. An investor relations official declines to provide the name of the bank managing the sale, to be done under the rule 476 restricted format.