Brazilian rental car outfit raises $314m across 2020 and 2024 bonds
Tag: Localiza
Posted inDaily Brief
Brazil’s Localiza turns to debentures
Car rental company raids investor wallets to the tune of $111m in 2024 paper
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Localiza starts new notes
Brazilian car rental company turns to debentures and commercial paper to raise $320m in funding
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Localiza charts debenture sales
Brazilian car rental firm gets approval to print $338m in local currency bonds
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Localiza plots capital increase
Brazilian car rental firm looks to add another $168m in equity as two competitors prepare IPOs
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Localiza prints more debentures
Brazilian car rental company issues an additional $75m through one of its subsidiaries
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Localiza acquires Hertz Brazil
Car rental companies also enter into a long-term co-branding agreement
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Localiza plans local debt sale
Brazilian car rental company plans to issue up to $217m in debentures
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Brazil’s Localiza sells bonds on local market
Car rental company will use the funds raised to bolster its cash position