Brazil Pension Firm BB Seguridade Plans to Issue ADRs
October 18 2013 - 7:54PM
Dow Jones News
SAO PAULO--The pension and insurance company of government-run
Banco do Brasil SA plans to issue American depositary receipts, it
said late Friday in a regulatory filing.
BB Seguridade Participacoes SA hired Deutsche Bank Trust Co.
Americas as its depositary bank, the firm said in the filing.
BB Seguridade raised 11.47 billion reais ($5.27 billion) in its
initial public offering in the first half of the year.
Write to Luciana Magalhaes at luciana.magalhaes@dowjones.com
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