Minas Looks to Open DCM for Brazilian States

Minas Looks to Open DCM for Brazilian States

Brazil Bonds

The state of Minas Gerais is preparing to reacquaint international bond investors with Brazilian state government issuers, planning a $1.27bn 2028 transaction to price as soon as this week, according to people following the process. The issuer is out with UST+250bp-area initial price thoughts for the bond featuring a 10.2-year average life. Credit Suisse and JPMorgan are managing the sale. Brazilian states have started to seek international debt again, with borrowers including Santa Catarina and

Already have an account?

Free trial

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

Free Trial