BdB Targets Euroyen

BdB Targets Euroyen

Brazil Japan Bonds

Banco do Brasil has set its sights on a Japanese yen-denominated bond issue in the international market, according to people familiar with the issuer’s plans. Banco do Brasil, JPMorgan, Citi, Mizuho and Mitsubishi UFJ-Morgan Stanley are working on the transaction, known as a euroyen bond. The bank held non-deal fixed-income investor meetings in Asia in September with JPMorgan. CFO Ivan Monteiro told LatinFinance earlier this year the bank would focus on diversification of debt funding this year,

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