November 28, 2019 |
BTG Pactual's branch in Chile said it plans to raise UF5 million ($170 million) from the sale of 10- and 20-year bonds in the local market, paying rates from 1% to 1.5%.
The Brazilian bank's local unit said it will manage the deal itself as the bookrunner, but it did not say when it will issue the new notes. According to a securities filing, the bank will sell UF2.5 million in 10-year notes at a fixed rate of 1% per year and another UF2.5 million in 20-year bonds at 1.5%.
The deal comes as BTG
Brazilian investment bank looks to earn $170 mln from a two-part deal tied to inflation