Finance

Azul launches $149 million re-tap offering

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Azul launches $149 million re-tap offering

Azul subsidiary Azul Secured Finance has launched a re-tap offering of $148.7 million 11.93% senior secured first out notes due 2028. The new notes will be guaranteed by Azul and its subsidiaries. Azul will use the net proceeds to refinance its debt following its restructuring in 2023. Fitch Ratin...

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