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Porcao Eyes Local Bond
Restaurant operator Brasil Foodservice Group (BFG) is preparing to raise BRL600m ($297m) in Brazil’s domestic bond market, it says. The 2020 inflation-linked debenture would pay 8.0%. BFG is raising funds for expansion and for working capital. It does not name the lead manager on the sale. BFG operates the Porcao, Garcia & Rodrigues and Porcao Gourmet restaurants.
