Duke Paranapanema to Try Debentures Again

Geracao Paranapanema is returning to market in an attempt to raise up to BRL470m through the sale of debentures. The unit of Duke Energy International did not disclose a timeframe or additional financial details, as the transaction awaits approval from shareholders and Brazilian regulators. It would be a debut debenture from the firm, which pulled BRL750m in 2014s and 2016s at its last attempt through Citi and Itau.