Biosev SA (BSEV3.SA)
20 Dec 2013
R$ 0.10 (+1.05%)
|Market Cap (Mil.):||R$ 1,995.72|
|Shares Outstanding (Mil.):||206.81|
NEW YORK, Oct 9 (IFR) - Brazilian sugar-and-ethanol company Biosev postponed a US$300 million seven-year non-call four bond on Wednesday, after a double digit yield failed to be enough to get the deal over the line.
(The following statement was released by the rating agency) SAO PAULO, September 30 (Fitch) Fitch Ratings has assigned a 'BB-' foreign and local currency Issuer Default Rating (IDR) to Biosev S/A (Biosev), as well as a national scale rating of 'A+ (bra)'. The Rating Outlook for Biosev is Stable. Fitch has also assigned a 'BB-' rating to Biosev Finance International B.V.'s (Biosev Finance) proposed senior unsecured notes of approximately USD500 million, subject to market conditions, which wil
SAO PAULO, Aug 14 - Brazil's Biosev SA, the local sugar and ethanol company of France's Louis Dreyfus, said that July frosts caused a 10 to 14 percent loss to the company's cane output this season, which would hurt its bottom line.
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