Santander issues first Brazilian covered bond

By Bill Thornhill
30 Nov 2018

Santander Brasil has tested the country’s Letra Imobiliária Garantida (LIGs) covered bond regime with two privately placed deals.

Santander’s Brazilian subsidiary has issued the country’s first covered bonds, in the form of two private placements that are understood to have a combined value of about $6m.

The deals were designed to “test the bank’s systems”, according to a source close to the issuer. LIGs have ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.