Brazil: Rede D’Or sells US$850m debt

Rede D’Or, Brazil’s largest healthcare operator, has raised US$850m in an upsized 10-year bond. The 2030s were upsized from US$750m on strong demand and priced 12.5 basis points at 4.5%. Money raised will be used to pay off debt. Bank of America, Bradesco, BTG Pactual, Itau, JP Morgan and Santander led the deal. The paper…