Banco do Brasil opts for five year on senior return
Banco do Brasil returned to dollar markets on Wednesday, taking advantage of scarcity value to snatch a tight five year senior unsecured benchmark.
With Petrobras’s 2029s and new 30 year trading above par on the break having been priced on Tuesday, Banco do Brasil found welcoming conditions after announcing initial price thoughts of 5% area for a benchmark sized trade.
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