Brazil offers $1 bln in reopening of 2047 dollar bond -source

By Kitco News / January 18, 2018 / www.kitco.com / Article Link

BRASILIA, Jan 18 (Reuters) - Brazil on Thursday offered an initial $1 billion worth of 2047 dollar bonds in the first sovereign debt transaction of the year, a source with direct knowledge of the matter told Reuters.

In a statement, the National Treasury said it had hired Citigroup Inc , HSBC Holdings Plc and Morgan Stanley to underwrite the reopening of its 5.625 percent Global 2047 bond. There were $1.5 billion worth of outstanding Global 2047 bonds at the end of November.


(Reporting by Patricia Duarte; Writing by Bruno Federowski Editing by Chizu Nomiyama)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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