DASA Readies Local Debt

Diagnosticos da America (DASA) is preparing to raise BRL250m ($123m) in Brazil’s domestic debt market, it says. The2016 bond is expected to pay the DI plus up to 0.80%. The medical services company is raising funds to repay shorter-term debt and for working capital. It does not indicate the hiring of any bookrunners, and a DASA official does not respond to a request for additional comment.