Brazil’s RioPrevidencia talks 10-year dollar notes to yield mid-8%

By Rebecca Melvin

New York, April 12 – Brazil’s RioPrevidencia was talking a dollar-denominated 10-year note to yield mid-8%, according to a New York-based market source.

BB Securities and BNP Paribas are the bookrunners for the Rule 144A and Regulation S deal.

Fixed-income investor meetings were held in Los Angeles, London, Boston and New York starting April 6 and wrapped up on Wednesday.

The company is the public pension fund for Rio de Janeiro.

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