fJ BANcoDOBRASIL
April 15, 2024
Notice ofReset Rate
Banco do Brasil S.A., acting through its Grand Cayman branch (the "Issuer") US$ 2,000,000,000 Perpetual Non-cumulative Junior Subordinated Securities (the "Securities")
All capitalizedterms used but not defined in this notice shall have the meaning ascribed thereto in the Indenture dated as of January 31, 2013, as supplemented from time to time, by means of which the Securities were issued (the "Indenture").
Notice is hereby given to the Luxembourg Stock Exchange, where the Securities are listed.
We hereby inform that, pursuant to the terms of the Indenture, the "Benchmark Reset Rate" and the "Reset Rate" applicable to the Securities for each Interest Period ending after the First Call Date, as recalculated according to the definition of Benchmark Reset Rate as set forth in the Indenture, are as follows:
- Benchmark Reset Rate: 4.350%
- Credit Spread: 4.398%
- Reset Rate: 8.748%
BANCO DO BRASIL S.A., acting through its Cayman Branch
Eduardo r NevN
General Manager
BB Grand Cayman
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Banco do Brasil SA published this content on 16 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 April 2024 13:59:07 UTC.