Light Clinches Local Bonds

Brazil’s Light has completed the sale of BRL500m ($245m) in bonds in the domestic market, it says. The utility’s 2026 bond pays the DI+1.8%. BRL470m of the issue was done through the Light Servicos de Eletricidade unit, and BRL30m through Light SA. Proceeds fund Light’s project pipeline. Caixa Economica Federal is managed the sale.