Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

Investors Take Shine to Novel BB Perp

Jan 13, 2012

Banco do Brasil raised $1bn Thursday through a hybrid Tier-1 NC11 bonds, becoming the first LatAm issuer to test drive a new Basel III compliant structure. The deal could be used as a template for other financial institutions as they prepare to adapt to a new regulatory environment. The BB rated non-cumulative junior subordinated perp generated a book of $6bn...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial



LatinFinance Events

Poll

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote    




“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management