{"id":8015,"date":"2012-02-16T02:06:03","date_gmt":"2012-02-16T00:06:03","guid":{"rendered":"http:\/\/www.myza.co.za\/02\/brazil-banks-eye-latin-america-for-more-bond-deals\/"},"modified":"2012-02-16T02:06:03","modified_gmt":"2012-02-16T00:06:03","slug":"brazil-banks-eye-latin-america-for-more-bond-deals","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/brazil-banks-eye-latin-america-for-more-bond-deals\/","title":{"rendered":"Brazil banks eye Latin America for more bond deals"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Itau, Pactual win bond mandates outside Brazil<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Strategy seen paying off as expansion gains steam<\/p>\n<p><span><\/span><\/p>\n<p>* Underscores strength of local shops regionally<\/p>\n<p><span><\/span><\/p>\n<p>By Guillermo Parra-Bernal and Aluisio Alves<\/p>\n<p><span><\/span><\/p>\n<p>SAO PAULO, Feb 15 (Reuters) &#8211; Brazilian investment<br \/>\nbanks, which in recent years gained muscle by snatching away<br \/>\nlucrative deals from their foreign rivals, are now showing their<br \/>\nmight by clinching more mandates to handle corporate bond sales<br \/>\nacross Latin America.<\/p>\n<p><span><\/span><\/p>\n<p>Ita\u00fa BBA, BTG Pactual and Bradesco BBI, all based in S\u00e3o<br \/>\nPaulo, are taking advantage of the busiest start of the year for<br \/>\ncorporate bond offerings since 2007 to manage deals for<br \/>\nArgentine and Chilean issuers. As activity picks up, they expect<br \/>\nto land more mandates from Colombia and Peru.<\/p>\n<p><span><\/span><\/p>\n<p>Private and publicly controlled companies in Latin America<br \/>\nsold $24.2 billion in foreign currency-denominated bonds in the<br \/>\nyear through Feb. 10, up from $14.28 billion in the same period<br \/>\na year earlier, according to Thomson Reuters data.<\/p>\n<p><span><\/span><\/p>\n<p>More deals await Brazilian shops, which are besting their<br \/>\nforeign competitors in forging strong ties with customers,<br \/>\nfunding deals and setting distribution networks rivaled only by<br \/>\nglobal banks. The retreat of traditional lenders in the United<br \/>\nStates and Europe in the aftermath of the financial crisis of<br \/>\n2008 is also helping.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Brazilian banks are now being taken much more seriously by<br \/>\nrivals,&#8221; said Renato Ejnisman, head of debt capital markets for<br \/>\nBradesco BBI, the securities unit of Banco Bradesco,<br \/>\nBrazil&#8217;s second-biggest private sector lender.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Itau, Pactual win bond mandates outside Brazil * Strategy seen paying off as expansion gains steam * Underscores strength of local shops regionally By Guillermo Parra-Bernal and Aluisio Alves SAO PAULO, Feb 15 (Reuters) &#8211; Brazilian investment banks, which in recent years gained muscle by snatching away lucrative deals from their foreign rivals, are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-8015","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=8015"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8015\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}