Andrade Gutierrez swaps new deal for exchange

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Andrade Gutierrez swaps new deal for exchange

Brazil, road, construction, Para, Altamira, LatAm
EXPH68 Altamira, Para State, Brazil. Road building work with road rollers and construction workers. | Sue Cunningham Photographic / Alamy Stock Photo/Alamy Stock Photo

Two days after cancelling a tender offer that it had planned to finance with a private placement, Brazilian engineering and construction firm Andrade Gutierrez has launched an exchange offer seeking a similar result.

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