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Files To Sell Dollar Bonds, Due 2032

BRAZIL
  • According to Bloomberg, the 7-year dollar bonds are expected to price today:
    • $Benchmark Long 7Y Sust. Fixed (Jan. 22, 2032) IPT 6.625% Area
    • Issuer: Federative Republic of Brazil (BRAZIL)
    • Exp. Ratings: Ba2/BB/BB
    • Format: SEC registered, senior unsecured, sustainability bond
    • Settlement: June 27, 2024
    • Denoms: 200k x 1k
    • Bookrunners: BofA, GS, HSBC
    • Listing London
  • UOP: Repayment of outstanding federal public debt. Brazil intends to allocate an amount equal to the net proceeds of the offering to finance and/or refinance eligible green and/or social projects applicable under Brazil’s Sovereign Sustainable Bond Framework.

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