December 2, 2005
Brazilian Safra Leasing, part of local Banco Safra, has completed the count
Brazilian Safra Leasing, part of local Banco Safra, has completed the country's largest single debenture offering to date, issuing 5 billion reais ($2.26 billion) of long-term unsecured non-convertible bonds. The bonds, which mature in July 2015, carry an annual interest rate linked to the local interbank rate. The issue was coordinated by Banco Safra de Investimentos SA.