LatAm Bonds
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Midcap bank BicBanco became the latest Brazilian company to venture back to the global bond market, pricing a $130m two year Reg S bond on Wednesday. Following suit on Thursday Banco Cruzeiro do Sul launched a two year Reg S issue of currently undetermined size through BCP Securities and UBS.
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Eksportfinans’s public image took a turn for the better this week as it successfully executed an increased Eu1.25bn three year bond that attracted a high quality group of investors.
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The success of Instituto de Crédito Oficial’s five year transaction has potentially opened the floodgates for five year dollar issuance in the coming week.