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Published on 12/10/2009 in the Prospect News Emerging Markets Daily.

Brazil's Banco Itau to redeem $9.29 million medium-term notes in full

By Devika Patel

Knoxville, Tenn., Dec. 10 - Banco Itau said it will redeem in full six series of its medium-term notes on Dec. 16.

The Sao Paulo-based bank will redeem its $1.5 million medium-term notes (ISIN XS0466273009) at 102% of par, its $2.5 million medium-term notes (ISIN XS0466112504) at 103% of par, its $2.38 million medium-term notes (ISIN XS0457576923) at 102% of par, its $1.2 million medium-term notes (ISIN XS0466170965) at 102% of par, its $500,000 medium-term notes (ISIN XS0466112413) at 101.85% of par and its $1.21 million medium-term notes (ISIN XS0457263639) at 102% of par.


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