He Brazilian treasure launched on Tuesday a New sovereign bono in dollars at 10 years for 2.5 billion dollarscalled Global 2035with the objective of Promote your strategy of increasing liquidity in the country’s external yield curve.
In a statement, the treasure said that Bradesco, JP Morgan and Morgan Stanley They lead the transaction.
According to an IFR report, a financial information service by LSE The amount of the debt reaches 2.5 billion dollars and the yield guide is 6.75%.
“The issuance reinforces the important role of external debt in the expansion of maturities, the diversification of references and the extension of the investor base,” The treasure said.
The operation is announced at a time when loan coverage, Credit Default Swap (CDS), five years from Brazil has improved significantly, with a decrease of more than 20% so far this year.
The credit risk had deteriorated strongly in December, when the tax concerns and the uncertainty of the market after the election of the president of the United States, Donald Trump, They caused a massive sale of Brazilian assets.
Recently, the head of the Central Bank, Gabriel Galipolo, He pointed out that asset markets have risen because of the relief that the tariffs with which the US President Donald Trump has threatened, have not been imposed immediately.
The largest economy in Latin America last resorted to international markets in June last yearwith an issue of 2,000 million dollars of sustainable bonds.
In the publication of his 2025 financing plan earlier this month, the Brazilian treasure said he hoped to continue issuing conventional and sustainable sovereign bonds in the international market this year.
Source: Ambito
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