Brazil's Banco Votorantim to issue R$100 million seven-year bullets

By Reshmi Basu

New York, Dec. 6 - Banco Votorantim SA plans to issue R$100 million of seven-year inflation-linked bonds, according to a market source.

Price guidance for the bullet bonds has been set in the area of 9½%.

Banco Votorantim is the bookrunner for the Rule 144A/Regulation S deal, which will be priced through the bank's Nassau branch.

Sao Paulo, Brazil-based Banco Votorantim is a non-resident bank.

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