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Prospect News home > News index > List of issuers B > Headlines for Banco Mercantil do Brasil SA > News item
Published on 9/26/2011 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Banco Mercantil do Brasil redeems $125 million 10 5/8% notes due 2016

By Ashley Montgomery

Kansas City, Kan., Sept. 26 - Banco Mercantil do Brasil SA announced that it redeemed its $125 million of 10 5/8% callable subordinated fixed-rate step-up notes due 2016, according to a filing with the Irish Stock Exchange.

The notes were redeemed and cancelled effective Sept. 22.

Banco Mercantil is a lender based in Belo Horizonte, Brazil.


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