Advanced Theory & Practice of Bonds

IBF Recognized Under FTS
1-2 December 2021

Two-day immersive course on bonds designed for private bankers and advisors. 90% funding* available to eligible company-sponsored candidates.

Brazil raised $2.25bn via a dual-trancher. It raised $1.5bn via a 10Y bond at a yield of 3.875%, 25bp inside initial guidance of 4.125% area. It also raised $750mn via a tap of its 4.75% 2050s, priced at 97.333 at a yield of 4.925%. The issuance received orders of over $7.5bn ~3.5x issue size. The bonds have expected ratings of Ba2/BB-/BB- in line with the issuer rating. BRADSC, Goldman Sachs and HSBC were the bookrunners of the deal.

Brazil´s USD bonds were slightly up with its 4.75% 2050s up .09 to 98.338, yielding 4.86% and its 12.25% 2030s up .37 to 167.113, yielding 3.29%.

For the full story, click here

Show Buttons
Hide Buttons