Bond buyers steam into Hidrovias debut

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Bond buyers steam into Hidrovias debut

River Paraguay, Hidrovias, Paraguay, Brazil, waterway, LatAm
Panorama of Paraguay River and Asuncion city, capital of Paraguay on horizon | Iakov Filimonov/JackF - stock.adobe.com

Hidrovias do Brasil, the waterway logistics provider, drew a raucous reception on its international bond debut on Wednesday as the Brazilian company was able to price just inside where Rumo — its closest comp — issued last week, though just wide of where Rumo was trading.

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