Edition:
United States

Magazine Luiza announces issue of debentures


Wednesday, 8 Jun 2016 06:37am EDT 

Magazine Luiza SA : Announced on Tuesday that its board approved the sixth issue of unsecured non-convertible debentures, in a single series, for public distribution with restricted placement efforts . To issue 10,000 debentures, totalling 100.0 million Brazilian reais ($29.1 million) . The issue date is June 20, the validity period is 2 years .The proceeds to be allocated to early redemption or optional acquisition of the debentures of the third issue and to recomposition of the company's cash balance. 

Latest Developments forMagazine Luiza SA

Company Quote

79.54
-3.45 -4.16%
4:12pm EST