Banrisul looks for tier two as four debutants join pipeline

20 Jan 2012

Four debut issuers joined the LatAm pipeline this week including the year’s first high yield candidate, encouraged by a stronger global market tone and surging investor demand for the region.

Banco do Estado do Rio Grande do Sul (Banrisul) was due to begin investor meetings on Friday with a view to issuing a $300m-500m 10 year tier two deal. The state-controlled Brazilian bank will then take in Boston and New York, in company with Credit Suisse and Deutsche ...

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