Americas

Azul prices $1.4bn notes offering

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Azul prices $1.4bn notes offering

Azul has priced a private offering of $1.375bn in 9.875% senior secured notes due 2031, through its Azul Secured Finance subsidiary. The deal was oversubscribed by around 7.5 times. The offering will provide exit financing related to its Chapter 11 restructuring plan, primarily repaying its debtor...

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