Loan & DebtJul 14, 2026, 09:26 AM
Itaú Unibanco to Repurchase BRL 1.4B Tier 1 Financial Bills
AI Summary
Itaú Unibanco Holding S.A. announced its decision to exercise the option to repurchase all of its Tier 1 Subordinated perpetual Financial Bills, totaling BRL 1.4 billion. The repurchase is scheduled for July 15, 2026, for bills issued in January 2019. This action is expected to have an estimated impact of approximately 10 basis points on the Company's Tier 1 capital ratio, based on the capital base as of March 31, 2026.
Key Highlights
- Itaú Unibanco will repurchase BRL 1.4 billion of Tier 1 Subordinated perpetual Financial Bills.
- The repurchase will occur on July 15, 2026.
- The Financial Bills were originally issued between January 8 and January 16, 2019.
- The estimated impact on the Company's Tier 1 capital ratio is approximately 10 basis points.
- The capital ratio impact is calculated based on the capital base as of March 31, 2026.
Price Impact
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