Brazil's BicBanco sets guidance at 8¾% for 10-year tier 2 notes

By Christine Van Dusen

Atlanta, April 19 - Brazil's Banco Industrial E Comercial SA (BicBanco) set price guidance for its planned dollar-denominated offering of 10-year tier 2 notes (expected Ba2) at 8¾%, according to a market source.

HSBC, JPMorgan and Standard Chartered are the bookrunners for the Rule 144A and Regulation S offering, which had a roadshow in Asia, Europe and the United States from April 13 to April 15.

BicBanco is a Sao Paulo-based lender.

© 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.