BNDES starts European roadshow

BNDES starts European roadshow


Brazil’s development bank BNDES is preparing its first euro-denominated deal since 2010, potentially the first of a trend for Latin American borrowers to tap the European market this year. The state-owned lender is meeting investors today in London and tomorrow in Amsterdam, Frankfurt, Munich and Paris in a two-team roadshow. Deutsche Bank, JPMorgan and Santander are arranging the meetings. A deal may follow, depending on market conditions. BNDES has been out of the European markets for close to

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