Developer Plots Debentures

Brazil’s Even Construtora e Incorporadora plans to raise BRL150m ($74m) in the domestic bond market, it says. The developer’s 2017 debentures are expected to pay the DI+1.6% and amortize in equal parts in each of the final three years. Caixa Economica Federal is managing the sale, done under the rule 476 restricted format.