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Brazil's Gerdau taps bookrunners for benchmark dollar notes
By Christine Van Dusen
Atlanta, Sept. 16 - Brazil's Gerdau Trade Inc. has mandated HSBC, Santander and JPMorgan as bookrunners for a benchmark-sized issue of dollar-denominated notes, according to a company announcement.
The Rule 144A and Regulation S offering is guaranteed by parent Gerdau SA, Gerdau Acominas SA, along with Gerdau Acos Longos SA, Gerdau Acos Especiais SA and Gerdau Comercial de Acos SA.
Gerdau is a Porto Alegre, Brazil-based steel maker.
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