June 22, 2021 |
Brazilian investment management firm XP Inc started calling investors on Monday to present its first-time sale of dollar-denominated bonds in the international market, according to a source involved in the deal.
Bank of America, Citi, Goldman Sachs, JPMorgan, Morgan Stanley and XP itself will lead the two-part debt deal with notes due in 2024 and 2026, the source said.
Moody's gave XP a first-time rating of Ba2 on Monday, saying the firm holds a "leading position" as a broker in Brazil's capital
Brazilian financial services group plans to issue three- and five-year notes in its maiden international debt deal