SAO PAULO (Reuters) – Santander Brasil announced this Friday the issue of 5.5 billion reais in financial bills with a 10-year term to reinforce its tier II capital level.
According to the financial institution, the funding will raise its Tier II capitalization level by 92 basis points.
The Santander Brasil post issues R$5.5 billion in financial bills to reinforce tier II capital, which first appeared in ISTOÉ DINHEIRO.
#Santander #Brasil #issues #R55 #billion #financial #bills #reinforce #Tier #capital #ISTOÉ #MONEY