Itaú Unibanco (ITUB4) reported in a statement on Monday, July 13, 2026, that on July 15, 2026 it will exercise the call option for the entirety of its Tier 1 Subordinated Financial Bills, debt securities issued by financial institutions that have lower payment priority in the event of liquidation, in the amount of R$ 1.4 bn. The notes were issued by the company between January 8 and 16, 2019 and are perpetual instruments.
According to the bank, it is estimated that the buyback of the Tier 1 Subordinated Financial Bills will have a 0.1 percentage point impact on Itaú Unibanco’s Tier 1 capitalization ratio, calculated based on the capital position as of March 31, 2026.








