DASA Wraps up Local Debt

Diagnosticos da America (DASA) has raised BRL250m ($123m) in Brazil’s domestic debt market, according to Anbima. The 2016 bond pays the DI+0.80%, and amortizes in four equal installments during the final four years. The Brazilian medical services company is raising funds to repay shorter-term debt and for working capital. Banco do Brasil managed the sale, done under the rule 476 restricted format.