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Itau Unibanco Raises $250M

Itau Unibanco Holdings has raised a total of $250 million in a bond sale.

    Itau Unibanco Holdingshas raised a total of $250 million in a bond sale,Reutersreports. 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 wereMorgan Stanley,Deutsche Bankand Itau Unibanco itself.

    Click here for the story fromReuters.

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