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Itaú prices senior notes due 2023, 2025
StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity
Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity
StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk – Episode 69: Banks left with pockets full of cash and few places to go
Itaú Unibanco Holding SA priced a $1 billion offering of senior notes due January 2023 at a fixed rate of 2.9% and a $500 million issuance of senior notes due January 2025 at a fixed rate of 3.25%.
The offer price for both notes was 100% of their face value.
The Brazilian bank said it plans to use proceeds from the issuance for general corporate purposes.