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Moody’s assigns ratings to Telef�nica Brasil’s BRL2.0 billion debentures

Moody’s understands that about half of the proceeds from the proposed debentures will be used to pay for the 20+20MHz band in the frequency range of 2.5GHz auctioned by Anatel last June. The remaining half will be used to refinance certain short term debt. Click here for more.


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