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

Buyside Still Hot for BdB Perp

Jan 25, 2013

Banco do Brasil (BdB) has sold $2bn in new tier 1 perpetual NC11 bonds, as investors put in for $16.3bn in orders. The Basel III-compliant non-cumulative junior subordinated security mimics the breakthrough bond the Brazilian bank sold and retapped in 2012. Approximately 600 accounts participated, with the issuer getting $4.5bn demand in the early hours from the Asian buyside ahead of opening to European and the US accounts. “The view is that this deal is...

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

How busy will LatAm global-local currency debt issuance be this year?

Vote    



  1. Commodities dip raises LatAm growth fears
  2. Institutional wealth – pension funds: The next generation
  3. Man of the year: Seize the moment
  4. LatAm banks return to syndicated loan market
  5. Debt investor scorecard: Beating the benchmark
Follow us


Popular Searches


It’s going to be a tough road for [Maduro]. Given the blow to Chavismo with the death of Chavez, there is a real likelihood of some form of real change in Venezuela.

Kathryn Rooney Vera, Bulltick Capital Markets


Change font size: Switch to default font size Switch to medium font size Switch to large font size

All material is subject to strictly enforced copyright terms & conditions and cannot be repurposed or reproduced. © 2013 Latin American Financial Publications Inc.

Printing isn't available for this page.