Brazil's Azul secures $1.37 billion in bond offering, sources say
ReutersJan 30, 2026 4:52 PM
SAO PAULO, Jan 30 (Reuters) - Brazilian airline Azul AAZUL.CJ secured $1.37 billion in a bond issue amid its Chapter 11 bankruptcy restructuring, two sources familiar with the matter told Reuters on Friday.
The amount exceeded the $1.21 billion initially expected, as demand for the transaction reached more than $9 billion, according to the sources.
The yield was priced at 10.125%, while the coupon was set at 9.875%, the sources said.
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