학술논문
Brazil's Eletrobras Gets Bondholders' OK to Sell Cteep Stake.
Document Type
Article
Source
Subject
*Bondholders
*Preferred stocks
*Going public (Securities)
*
*
Language
Abstract
Brazilian power company Eletrobras has received approval from bondholders to sell its stake in ISA Cteep-Companhia de Transmissão de Elétrica Energia Paulista. The public share sale is expected to raise around 4 billion reais ($780 million), depending on market conditions. Eletrobras aims to reduce its minority and non-strategic holdings as part of its post-privatization strategy. The company previously sold its stake in Companhia Paranaense de Energia for 125.3 million reais. [Extracted from the article]