April 9, 2013
BTG Investments is targeting a 4.75%-area yield for a new 5-year bond, acco
BTG Investments is targeting a 4.75%-area yield for a new 5-year bond, according to people following the sale. The entity holding part of BTG’s proprietary trading investments and merchant banking investments is scheduled to be on the road in the US and Europe through Wednesday. Bank of America Merrill Lynch, Banco do Brasil, Bradesco, BTG Pactual and Citi are managing. It is rated BB+. BTG Pactual Holding (BBB minus) is guarantor.