Brazilian banks back as Voto brings AT1, Itaú lines up

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Brazilian banks back as Voto brings AT1, Itaú lines up

Itau, Brazil
An Itau bank agency is seen in Rio de Janeiro, Monday, Nov. 3, 2008. Brazilian banks Itau and Unibanco announced Monday they plan to merge and create South America's largest private sector banking group, called Itau Unibanco Holdings SA and would have combined assets of 575.1 billion reals ($261.4 billion). (AP Photo/ Ricardo Moraes) | Ricardo Moraes/AP/Press Association Images

Banco Votorantim kicked off a run of issuance from Brazilian banks with a Basel III-compliant additional tier one perpetual non-call five deal on Thursday.

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