RE:Why BBD Announced Preliminary Full-Year 2022I have the same question: Why now?
With 350M$ FCF on the Q4 (minus the 200 M$ debt buyback) + the release of he 400 M$ freeze amount jan 29, they could buyback 500 M$ debt in february. Then after that, make the debt offering. Maybe with 500 M$ less debt they could have better conditions.
The 7,5% rate and the B3 credit rating are a deception for me. My opinion is that they already desserve the B2 rating.
So, if they didn't get the rating why doing this in a hurry?
Let's see what will happens in the next days.