REFILE-BRIEF-CPFL Energia approves to issue 620 mln reais in debt

martes 11 de octubre de 2016 11:24 GYT

(Corrects day to 'Monday', from 'Friday' in first bullet)

Oct 11 (Reuters) - CPFL Energia SA :

* Said on Monday its board of directors approved an issue of simple non-convertible debentures in the total amount of 620.0 million Brazilian reais ($192.5 million)

* Funds to be used for acquisition of stake in AES Sul Distribuidora Gaucha de Energia SA

* Debentures to mature on Oct. 20, 2020, to bear an interest corresponding to 114.5 percent of daily average of interbank deposit rates

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($1 = 3.2210 reais) (Gdynia Newsroom)