By Christine Van Dusen
Atlanta, May 26 - Banco Santander Brasil SA priced a $200 million tap of its existing 4¼% notes due Jan. 14, 2016 at 100.266 to yield 4.185%, or Treasuries plus 250 basis points, a market source said.
Barclays Capital, HSBC and Santander were the bookrunners for the Rule 144A and Regulation S deal.
Proceeds will be used for general corporate purposes.
Banco Santander Brasil is a banking company based in Sao Paulo.
| Issuer: | Banco Santander SA
|
| Amount: | $200 million
|
| Maturity: | Jan. 14, 2016
|
| Description: | Notes
|
| Bookrunners: | Barclays Capital, HSBC, Santander
|
| Coupon: | 4¼%
|
| Price: | 100.266
|
| Yield: | 4.185%
|
| Spread: | Treasuries plus 250 bps
|
| Trade date: | May 26
|
| Settlement date: | June 14
|
| Expected rating: Moody's: Baa2
|
| Distribution: | Rule 144A and Regulation S
|
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