All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Hybrids dance to EM beat as Banco do Brasil parties with euro banks

Banco do Brasil issued a $1.5bn perpetual non-call 11 year hybrid on Tuesday, reopening the tier one space for emerging market borrowers for the first time in a year, and doing so at a price that compared favourably with recent heavyweight European bank deals.

Unlock this article.

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

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree