Itaú sets IPTs amid robust Brazil appetite

Oliver West

December 05, 2017 03:00 am

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

Brazil’s largest private sector bank Itaú is set to price its first Basel III-compliant hybrid perpetual note on Tuesday after setting initial price thoughts that bankers away from the deal described as “promising” for the borrower.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Americas LatAm Bonds Emerging Markets Brazil Itau BBA LatAm Latin America

OW

Oliver West

US Bureau Chief - Latin America Editor