Banco Votorantim Raises $500M

Banco Votorantim has raised $500 million in a sale of senior notes.

Banco Votorantim has raised $500 million in a sale of senior notes, Reuters reports. The notes have been added to an existing 5.25% issue in the 144a private placement market.

The privately-owned Brazilian bank appointed BB Securities, BNP Paribas, Bradesco, HSBC, Royal Bank of Scotland and Banco Votorantim as the joint bookrunning managers for the transaction.

Click here for the story from Reuters.