Brookfield Pulls Domestic Transaction

Brazil’s Brookfield Incorporacoes has cancelled registration for a planned BRL300m ($158m) domestic bond sale, it says. It does not give a reason. The developer had recently met with investors, planning a 2016 tranche paying DI plus up to 1.65%, and an inflation-linked 2018 piece paying up to 6.10%. Brookfield was seeking funds to repay debt and for working capital. JPMorgan and Itau were managing the deal, rated A+ on a national scale.