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Brazil Rolls Out One-Day Tender

Oct 24, 2013

Brazil has issued $3.2bn in new 2025 senior unsecured bonds, becoming the latest LatAm sovereign to execute a one-day liability management operation. Demand reached $7.7bn, according to people following the sale, as the issuer raised funds to buy back eight series of off-the-run dollar bonds in its second visit to the international DCM this year. Generating interest...

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