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Published on 5/10/2011 in the Prospect News Emerging Markets Daily.

Brazil's Banco Safra whispers dollar notes due 2014 at Treasuries plus mid-200 bps area

By Christine Van Dusen

Atlanta, May 10 - Brazil's Banco Safra SA whispered guidance for its planned issue of dollar-denominated notes due 2014 at the Treasuries plus mid-200 basis points area, a market source said.

Barclays Capital, Banco Safra and UBS are the bookrunners for the Regulation S deal.

Banco Safra is a Sao Paulo-based lender.


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