Itau Unibanco Holdings has raised a total of $250 million in a bond sale, Reuters reports. The Brazilian bank’s notes, which carry a coupon rate of 5.75%, will mature on Jan. 22, 2021. The subordinated Tier II securities were sold in the 144a private placement market. The joint book-running managers for the sale were Morgan Stanley, Deutsche Bank and Itau Unibanco itself.
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