E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item
Published on 12/20/2010 in the Prospect News Emerging Markets Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Banco do Brasil issues call to redeem $500 million 7.95% junior notes

By Toni Weeks

San Diego, Dec. 20 - Banco do Brasil SA (Grand Cayman branch) announced that it plans the redemption of $500 million 7.95% perpetual noncumulative junior subordinated securities on Jan. 23, according to a press release.

The redemption price of par plus accrued interest of $19.875 per $1,000 principal will be paid by the trustee, Bank of New York Mellon, on Jan. 24.

Banco do Brasil is a Brazilian financial institution with headquarters in Brasilia.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.