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Triunfo Upsizes Debentures
Brazilian infrastructure company Triunfo has sold BRL472m ($233m) in the domestic bond market, it says. The sale was upsized from an initially planned BRL350m due to demand. A BRL81m 2017 tranche pays DI+2.2%, and a BRL391m inflation-linked tranche pays 7.0%. Triunfo is raising funds to replace existing debt. BTG Pactual and Caixa managed the sale.
