New Issue-Brazil sells $500 mln global bonds

March 7 (Reuters) - Brazil on Wednesday sold $500 million
global bonds due 2017 in a reopening of an existing issue, said
market sources.

The total amount outstanding on the bonds is now $2.525
billion.

HSBC and Deutsche Bank were the joint bookrunning managers
for the sale.
BORROWER: BRAZIL
AMT $500 MLN COUPON 6.00 PCT MATURITY 1/17/2017
TYPE GBL REOPEN ISS PRICE 104.816 FIRST PAY 7/17/2008
MOODY'S Ba1 YIELD 5.299 PCT SETTLEMENT 5/14/2008
S&P BBB-MINUS SPREAD 140 BPS/ PAY FREQ SEMI-ANNUAL
FITCH BB-PLUS 10-YR TREASURY NON-CALLABLE