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Capital Markets

LA round up: Bradesco’s $500 million securitization

Brazil’s Bradesco has raised $500 million in a securitization structured by ABN Amro. The notes were issued in two tranches of $250 million, with the 2007-1 series receiving triple-A ratings and the 2007-2 series rated at A– and Baa1 by S&P and Moody’s respectively. The notes are due in May 2014.

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