By Reshmi Basu
New York, Feb. 3- Vitro Envases de Norteamerica sold $75 million of senior secured guaranteed notes due Feb. 7, 2007 at 92.497 for an internal rate of return of 8%, according to a market source.
BCP Securities, LLC was the bookrunner for the transaction, which priced Wednesday.
The issuer is a subsidiary of Vitro, a San Pedro Garza Garcia, Nuevo Leon, Mexico, glassmaker.
Issuer: Vitro Envases de Norteamerica
Amount: $75 million
Issue: Senior secured guaranteed notes
Maturity: Feb. 7, 2007
Coupon: 0%
Issue price: 92.497
Internal rate of return: | 8%
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Call option: | Callable on May 9, 2006 at 94.84
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Pricing date: | Feb. 1
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Settlement date: | Feb. 7
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Bookrunner: | BCP Securities, LLC
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