Banco BTG Pactual has raised $500 million in a sale of notes, Reuters reports. The Brazilian investment banksold the securities in the 144a private placement market.
Banco BTG Pactual, Banco Bradesco and JP Morgan served as the joint bookrunning managers for the offering. The notes carry a coupon rate of 4.875 % and are due to mature on July 8, 2016.
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