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Brazil: Grupo Rede prepares shares issuance.

The America's Intelligence Wire

| September 14, 2006 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From SABI (South American Business Information) - Valor Economico (Brazil))

Byline: Mark Haines, Erin Burnett

Grupo Rede, with a stronghold in power distribution, is preparing the issuance of shares aiming to raise cash to equalise its net debts of R$2bil and reinforce the cash flow. President Evandro Coura…

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