Daycoval issues price thoughts for $300m bond

Daycoval issues price thoughts for $300m bond

Bonds

Brazil's Banco Daycoval released initial price thoughts of low to mid 6% area for a $300m 5-year bond on Monday, and is likely to price the note this week, LatinFinance understands. Swiss private banks are likely be the leading investors, followed by other banks in Asia and maybe some institutional investors in the UK, sources following the transaction said. The Baa3/BB+/BBB- rated bank is due to finish a four-day two-team roadshow today. It had scheduled meetings in London, Switzerland, Hong Ko

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