Brazilian retail bank, Banco BMG, has raised $300 million in a sale of notes, Reuters reports. The senior notes were sold in the 144a private placement market. The bank appointed Morgan Stanley, Barclays, BCP Securities, Bradesco and BTG Pactual as the joint bookrunning managers for the transaction. The notes carry a coupon rate of 8%, and are due to mature on April 15, 2018.
Click here for the story from Reuters.