Bradesco sets guidance for subordinated bond - IFR
LONDON, Sept 21 |
LONDON, Sept 21 (Reuters) - Banco Bradesco (BBDC3.SA), Brazil's second-largest private sector bank, has set guidance for its benchmark subordinated 10-year dollar bond at around 6.875 percent, IFR reported on Monday.
BBI and HSBC are managing the issue and pricing was expected early this week, said IFR Markets, a Thomson Reuters online news and market analysis service.
Bradesco is rated BBB by both Standard & Poor's and Fitch Ratings. (Editing by Dan Lalor)
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