Republic of Brazil sets IPTs at 6.5% area on 10-year USD bond

jueves 10 de marzo de 2016 11:33 GYT

By Will Caiger-Smith

NEW YORK, March 10 (IFR) - The Republic of Brazil, Ba2/BB/BB+, has set initial price thoughts on a new 10-year benchmark US dollar-denominated bond at 6.5% area.

Bank of America Merrill Lynch and JP Morgan are bookrunners the deal which is expected to price on Thursday. (Reporting by Will Caiger-Smith; Editing by Natalie Harrison)