macro

BTG Pactual raises £250 million with three-year bond in London debut

Brazilian bank BTG Pactual made its UK debt market debut with a £250 million issue due November 2029 carrying a 6.875% coupon.

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what happened

Brazilian investment bank BTG Pactual made its debut in the British debt market, selling £250 million (about $334.3 million) of senior unsecured notes, according to IFR. The notes mature in November 2029.

The deal was issued by BTG Pactual Europe, the bank's Luxembourg-based subsidiary. BMO, Natixis and BTG Pactual acted as joint bookrunners. The notes carry a 6.875% coupon. IFR also noted an exchange rate of $1 to 0.7478 pounds.

why it matters

The deal shows that Latin American banks continue to tap sterling funding in London. For markets it is a targeted story, but it reflects investor demand for medium-term debt from large Brazilian issuers.

tags

instruments

GBP/USDBTG Pactual

sources

  1. Brazil's BTG Pactual issues £250 million through three-year bond, IFR says — Reuters, 23 October 2026 at 19:56 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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