Itaú prices tightest Brazilian AT1 on back of huge book

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Itaú prices tightest Brazilian AT1 on back of huge book

Oliver West
December 07, 2017 09:30 PM
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, and probably the most robust lender in the country, jumped on a wave of enthusiasm for Brazilian credit to raise $1.25bn of additional tier one capital on Tuesday.

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Oliver West
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