Brazil's Companhia Vale do Rio Doce (CVRD) was set to take its seven-year export receivables-backed deal on the road last week with lead manager Banc of America.

The deal will initially be marketed at a size of $200 million but has a structure that will support issuance of up to $400 million. BofA will take the steel company to New York, Boston, Chicago and Los Angeles. Pricing has been slated for late this week.

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