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Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar sovereign wealth fund buys 5pct of Banco Santander Brazil

Posted on 22 October 2010

From Mercopress.com: Qatar Holding, the investment arm of the Gulf nation’s sovereign wealth fund, will buy bonds that must be converted into shares of Banco Santander Brasil, the parent company said in a regulatory filing.
The three-year bonds come with an annual coupon of 6.75% and the exchange price for the stock is 23.75 Real (14.22) a share, Santander said……………………………………….Full Article: Source


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