Banco Santander Brasil (BSBR) has released an update.
Banco Santander Brasil has announced the issuance of perpetual financial bills worth BRL 7.6 billion, aimed at professional investors with a repurchase option starting in 2029. This strategic financial move is designed to strengthen the bank’s Tier I Capital of the Company’s Reference Equity and improve its capitalization ratio in accordance with Central Bank of Brazil regulations.
For further insights into BSBR stock, check out TipRanks’ Stock Analysis page.
