Educator Preps Debentures

Brazil’s Anhanguera is planning to raise up to BRL170m ($80m) in domestic bonds, it says. The educational operator plans a BRL85m 2017 tranche paying the DI+1.5% and a BRL85m 2019 tranche paying the DI+1.7%. It is raising funds to improve its debt profile. It does not comment on the banks involved in the operation, to be done under the rule 476 restricted format.