Brazil's Banco Mercantil 10-year notes talked to yield 9¾%

By Christine Van Dusen

Atlanta, July 7 - Brazil's Banco Mercantil set price talk for its planned issue of 10-year notes at 9¾%, according to a market source.

Bank of America Merrill Lynch and Banco Santander are the bookrunners for the deal, which was marketed during a roadshow that began in late June.

Banco Mercantil is a lender based Belo Horizonte, Brazil.

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