Centrais ElÃ©tricas de Sergipe S.A. (CELSEâ€) and Goldman Sachs (GSâ€) closed a ground-breaking BRL three.2 billion enterprise financing deal for CELSE’s 1.5 GW Porto de Sergipe I power plant mission in the municipality of Barra dos Coqueiros, approximately 10 kilometres from Aracaju, the capital of the state of Sergipe, Brazil. Goldman Sachs issued the BRL three.2 billion bond, backed by Swiss export credit score firm (ECA), SERV, in Brazilian forex (REAL, BRL), a market first for bond issuers and insurers. This is likely one of the largest challenge bonds issued in the area and the largest personal investment ever made throughout the state of Sergipe.
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