Online Retailer Plans Debentures

Brazil’s B2W is planning to sell BRL300m ($148m) in domestic bonds, it says. The 2017 would pay 120% of the DI. The online retailer resulting from the merger of Submarino and Lojas Americanas’ online business is raising funds for working capital. An official at the company does not respond to a request for comment on the managers of the sale, to be done under the rule 476 restricted format.