June 25, 2021 |
Brazilian financial services group XP Inc sold its first bonds in the international market on Thursday, issuing $750 million in five-year notes at a yield of 3.5%, according to a source involved in the deal.
The 2026 bonds carried a coupon of 3.25% and an issue price of 98.862 to yield 3.5%, the source said. The deal opened with the initial price talk in the mid- to high-3% area before guidance came in at 3.5%, the source added. Bank of America, Citi, Goldman Sachs, JPMorgan, Morgan Stanley and
Brazilian financial services group raises $750 mln in its first international debt deal