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Minerva Convert Expected in July

Jun 30, 2011

Brazilian beef producer Minerva is expecting to price its BRL300m ($190m) domestic convertible bond on or around July 10. The preliminary prospectus had originally scheduled pricing...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

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