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Published on 9/9/2009 in the Prospect News Emerging Markets Daily.

Brazil's Banco Cruzeiro do Sul sets 8½% guidance on $150 million three-year note offering

By Paul A. Harris

St. Louis, Sept. 9 - Banco Cruzeiro do Sul SA set price guidance at 8½% for its $150 million offering of three-year notes (expected Ba2) on Wednesday, according to a market source.

Books are set to close on Thursday.

The Brazilian banking company will use the proceeds for general corporate purposes.


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