Brazil $1.5bn five year wows market as Greenspan/S&P enhance new year rally

January 05, 2001 12:00 am

Brazil was quick off the mark with a $1.5bn five year global yesterday (Thursday), creating a new benchmark for the sector. Bear Stearns and Morgan Stanley Dean Witter joint lead managed the deal, which offers a 10.25% coupon and has an issue/reoffer price of 98.895.

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