Rede D’Or comes back for more

Brazil, hospital, Rede D'Or, superman, Sao Paulo, LatAm
By Oliver West
11 Feb 2020

Brazilian hospital operator Rede D’Or became the third Latin American company in a week to tap recently issued bonds as the region’s fixed income markets continue to defy coronavirus-related volatility elsewhere.

Rede D’Or set initial price thoughts at 4.5% on Monday morning as it sought to reopen its $850m 4.5% 10 year bonds, issued on January 14, for up to $350m. In doing so it was following Mexico’s Femsa, which on Friday tapped bonds issued on January 13, ...

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