Itaú notches oversubscription on T2 return

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Itaú notches oversubscription on T2 return

Oliver West
November 14, 2019 02:00 PM
Banco Itaú, Brazil, bank, cash machine, lender, LatAm
M0J796 CURITIBA, BRAZIL - OCTOBER 7, 2014: Itau Bank with workers strike stickers in Curitiba, Brazil. Itau Unibanco group is the 10th largest bank in the wo | Marek Slusarczyk / Alamy Stock Photo/Alamy Stock Photo

Brazilian lender Itaú raised $750m of tier two notes on Wednesday, its first ever issue of Basel III-compliant tier two bonds in the international market.

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Oliver West
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