Brazil’s Mercantil Retires 2010 Bonds

Brazil’s Mercantil Retires 2010 Bonds

Brazil

Brazil’s Banco Mercantil has repurchased $23.451m of the up to $100m face value of its 8.5% of 2010 bonds that it was targeting through modified Dutch auction. The deal came at 85, the minimum price set at the auction which closed this week, and fell

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