Brazil’s CBC takes aim for international debut

By Oliver West
05 Nov 2013

Brazilian ammunition manufacturer CBC Ammo is meeting investors with this week ahead of a potential debut international bond.

Moody’s and Standard & Poor’s have assigned first-time ratings of B1/BB- to CBC, and the rating agencies foresee an eight year issue of $250m.

CBC continues the flurry of companies from Latin America looking to issue international bonds for the first time. Last week, Guatemala’s Cementos ...

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