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Brazil's Banco Votorantim to issue $100 million three-year bond in September
By Reshmi Basu
New York - Aug. 19 - Banco Votorantim SA (issuer rating B1/B+) plans to issue a $100 million three-year bond in September via its Nassau branch, according to a market source.
Price talk is 5 1/8% to 5 3/8% on the bond, which is expected to mature in September 2007.
Banco Itau BBA SA is the lead manager for the Regulation S bond offering.
The issue will be listed on the Luxembourg Stock Exchange.
Banco Votorantim is Sao Paulo-based private sector and wholesale bank.
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