Movida tightens SLB, Hidrovias plots refi

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Movida tightens SLB, Hidrovias plots refi

Brazil, car, rental, Movida, LatAm, 575

Car rental company Movida became the third Brazilian company this year to sell a sustainability-linked bond when it raised $500m of 10-year debt with a coupon step-up linked to carbon emissions on Thursday.

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