SABESP Secures $1.5 Billion Loan Agreement for Sanitation Projects

Reuters
2026.01.28 11:51
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SABESP has secured a $1.5 billion loan agreement with the Inter-American Investment Corporation, comprising a $150 million A Loan and a $1.35 billion B Loan. The B Loan will back blue senior secured notes, with two tranches priced at 5.750% and 6.500%, to be listed on the Luxembourg Stock Exchange. The funds will support sanitation projects in São Paulo, including sewage treatment facilities and collection systems. The transaction is expected to close by February 3, 2026, pending customary conditions.