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BTG Pactual raises $500M in senior notes offering

Banco BTG Pactual SA said it raised $500.0 million by issuing senior notes at a fixed coupon of 5.50% per year.

The notes, which mature Jan. 31, 2023, were offered to qualified institutional investors as part of the bank's global medium-term notes program.

Coupon payments on the debt will be due semiannually on Jan. 31 and July 31 of each year, starting from July 31, 2018.