Porcao Slices off Domestic Bond

Restaurant operator Brasil Foodservice Group (BFG) has completed the raising of BRL600m ($286m) in Brazil’s domestic bond market, according to Anbima. The 2020 inflation-linked debenture pays 8.0%. BFG is raising funds for expansion and for working capital. NSG Positiva managed the operation. BFG operates the Porcao, Garcia & Rodrigues and Porcao Gourmet restaurants.