Brazil is gearing up to access the global dollar bond market as early as next week to take advantage of $1.8bn of amortisations and coupon payments on April 15. It has sent out requests for proposals and bankers were yesterday (Thursday) eagerly awaiting news of a mandate. "Brazil is keen to see if it can get investors receiving amortisation and coupon payments to reinvest that money in a new bond issue," said one New York based syndicate chief. "I would expect it to come to market either next week or the following week."
April 05, 2002