BRIEF-CEMAR approves debenture issue totalling BRL 200 million

martes 20 de septiembre de 2016 07:53 GYT

Sept 20 (Reuters) - Companhia Energetica do Maranhao CEMAR :

* Said on Monday its board of directors approved to issue 200,000 simple non-convertible debentures with a nominal value of 1,000 Brazilian reais each, for the total amount of 200.0 million reais ($61.2 million)

* The initial number of debentures may be increased by up to 30,000 supplementary and up to 40,000 additional debentures

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($1 = 3.2697 Brazilian reais) (Gdynia Newsroom)