Aliansce Clinches Debenture

Brazilian shopping mall operator Aliansce has raised BRL100m ($50m) in the domestic bond market, according to Anbima. The 2017 debenture pays TJLP+5.0% and amortizes annually beginning in 2014. Santander managed the sale, done under the rule 476 restricted format. Aliansce also plans to sell shares in a follow-on equity offering before the end of the year.