Itaú offers value on AT1 return

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Itaú offers value on AT1 return

Oliver West
March 13, 2018 03:00 AM
Itau, Brazil
An Itau bank agency is seen in Rio de Janeiro, Monday, Nov. 3, 2008. Brazilian banks Itau and Unibanco announced Monday they plan to merge and create South America's largest private sector banking group, called Itau Unibanco Holdings SA and would have combined assets of 575.1 billion reals ($261.4 billion). (AP Photo/ Ricardo Moraes) | Ricardo Moraes/AP/Press Association Images

Brazil’s largest private sector lender Banco Itaú sold $750m of additional tier one notes on Monday, just three months after its most recent issuance in the format.

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