Banco Santander Brazil has raised $100 million on the U.S. private placement market through a diversified payment rights (DPR) deal, according to sources.

The transaction was launched with the same amount on the cover, for a seven-year final, 4.88-year average maturity, via National Australia Bank. The bond issue's spread was not available but U.S. private placement market participants said it priced north of the original price talk of 190 basis points above Treasurys.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.