By Paul Kilby
Oct 23 (IFR) - Brazil on Wednesday launched a US$1.5 billion12-year bond at Treasuries plus 180 basis points (bp).
The sovereign, rated Baa2/BBB/BBB, has also opened a tenderoffer on eight of its outstanding global bonds for a combinedUS$12.59 billion.
Sources familiar with the deal said earlier that cash bookson the new trade had surpassed US$6 billion.
Bradesco BBI, Deutsche Bank and HSBC are the bookrunners onthe SEC-registered transaction.
- basis points