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Abril Unit Plans Debentures
Editora Anglo, a unit of Brazil’s Abril Educacao, is planning to raise BRL215m ($105m) in the domestic bond market, it says. The 2017 bonds would pay the DI+1.7, and amortize in equal parts in each of the last 4 years. Proceeds would refinance debt. It does not name the manager on the sale, to be done under the rule 476 restricted format, and could not be reached for comment.
