Mexico's TV Azteca launches $40 million equivalent one-year notes tied to Mexican peso

By Paul A. Harris

St. Louis, Nov. 23 - Mexican television network broadcaster TV Azteca SA de CV launched a $40 million offering of unsecured notes due Dec. 10, 2010 at 8¾% on Monday, according to a market source.

The notes are linked to the Mexican peso.

BCP Securities is the bookrunner.

The notes had been talked at 8¾% to 9%.

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