SAO PAULO - Editora Abril SA, the largest private publishing house in Brazil, closed a $20 million interest rate swap with Chase Manhattan Corp.'s Brazilian subsidiary.

The operation consolidated six loans held by different Abril Group subsidiaries into a single swap deal, moving from floating to fixed interest rates.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.