October 23, 2013 / 11:38 AM / 4 years ago

Brazil starts marketing new global bond

LONDON, Oct 23 (IFR) - The Federative Republic of Brazil has begun marketing its upcoming benchmark-sized global bond, due in January 2025, at 200bp over US Treasuries, according to one of the lead managers.

The sovereign, rated Baa2/BBB/BBB, has also opened a tender offer on eight outstanding global bonds worth a combined US$12.59bn.

Bradesco BBI, Deutsche Bank and HSBC are the bookrunners on the SEC-Registered transaction.

Reporting by Davide Scigliuzzo; editing by Alex Chambers

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below