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Brazil's Banco Itau Europa on the road with three-year floater
By Paul A. Harris
St. Louis, June 16 - Banco Itau Europa is on the road with an offering of euro-denominated three-year floating-rate bonds (Baa1/BBB+), according to a market source.
The size of the deal remains to be determined.
HVB, ING and BIE Bank & Trust are leading the deal, which is expected to price on June 25.
The prospective issuer is the second-largest privately owned bank in Brazil.
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