Brazilian HY duo to test appetite
After bankers said Braskem’s blow-out bond issue this week was a vote of confidence for Brazil’s economic turnaround, a small single-B rated bank and an infrastructure company that underwent a restructuring just a year ago a set out to provide a tougher test of demand.
Private lender Banco Original is looking to enter international bond markets with a $200m senior unsecured issue, and will wrap up investor meetings early next week.
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