Eldorado Brasil SA, the pulp producer controlled by Brazil's billionaire Batista family, is considering selling global bonds or equity for the first time should market conditions turn favourable, Chief Executive Officer Josa Carlos Grubisich said on Tuesday.
While access to international debt markets this year looks "certain" for Eldorado because of strong demand for pulp worldwide and ongoing efforts to cut debt and costs, a listing in Brasil or any other major equity market ought not to be ruled out, Grubisich said in an interview. He did not give a timetable for a potential transaction, although he hinted that either could take place as early as this year.
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