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Published on 6/30/2010 in the Prospect News Emerging Markets Daily.

Banco Cruzeiro do Sul talks $100 million notes due 2013 at 7% to 7¼%

By Christine Van Dusen

Atlanta, June 3 - Brazil's Banco Cruzeiro do Sul set price talk for a planned $100 million issue of notes due July 2013 (expected rating Ba2//) at 7% to 7¼%, according to a market source.

BCP Securities is the sole lead for the deal, which is expected to price during the week of July 5.

Banco Cruzeiro do Sul is a Sao Paulo-based lender.


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