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Banco Mercantil do Brasil releases talk of 8¾% area for $100 million three-year notes
By Aaron Hochman-Zimmerman
New York, Oct. 23 - Banco Mercantil do Brasil SA talked its planned $100 million of three-year bonds (Ba2/B/) in the 8¾% area, according to a market source.
UBS has been mandated as the bookrunner for the Regulation S issue.
A roadshow will be held in London on Oct. 25, in Switzerland on Oct. 26, in Hong Kong on Oct. 29 and in Singapore on Oct. 30.
Banco Mercantil is a Sao Paulo-based retail and commercial bank.
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