|Status||Country of risk||Maturity (option)|
This field shows outstanding face value amount for outstanding bonds
|Issue ratings (M/S&P/F)|
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|Borrower||Banco Mercantil do Brasil|
|Bond type||Coupon bonds|
|Placement method||Open subscription|
We estimate the net proceeds from the sale of the notes to be approximately U.S.$49,943,500 after deducting the estimated fees of the offering and excluding interest accrued on the notes from, and including July 16, 2010 to July 28, 2010. The company intends to use the net proceeds of the issuance of the notes to expand our credit portfolio for corporate clients and for other general corporate purposes. In addition, subject to the regulatory limits of the Central Bank as well as the Central Bank’s approval, The company intends in the future to treat the net proceeds from the issuance of the notes as Tier II capital. See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Capital Resources and Capital Adequacy.” - 41 - CAPITALIZATION The following table sets forth our capitalization (defined as non-current liabilities plus deferred income, minority interest and shareholders equity) as of March 31, 2010, on an actual basis and as adjusted to give effect to the issuances of the original notes and the notes as if the issuances had occurred on March 31, 2010, as derived from our unaudited interim consolidated financial statements, prepared in accordance with Brazilian GAAP. This table should be read in conjunction with “Summary Financial and Other Information,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our financial statements included elsewhere in this offering memorandum.
|Par amount, integral multiple||1,000 USD|
|Nominal of international bonds||1,000 USD|
|Minimum settlement amount||100,000 USD|
|Outstanding principal amount||0 USD|
|Amount Outstanding||134,540,000 USD|
|Current coupon rate||9.625%|
|Day count fraction||***|
|Coupon frequency||2 time(s) per year|
|Interest accrual date||**/**/****|
|Trading floor||Date and time||Bid/ ask price (Yield)|
Indicative price (Yield) i
Indicative price is used to calculate the effective yield, duration, modified duration and is calculated according to the following priority of prices: weighted average price (Average), market price (Market), closing price (Close), admitted price (Admitted), middle price (Mid), last price (Last). Indicative yield is calculated according to the following priority of yields: yield to maturity (effective), yield to put/call (effective), current yield.
T-spread, bp i
T-spread is calculated as the difference between the issue yield and the yield on government securities of the USA, Great Britain and Germany in the corresponding issue currency and with comparable modified duration (the calculations are based on the effective yields only). The value is computed only for issues in USD, EUR, GBP.
Indicative bond and international bond quotes by Cbonds are calculated based on the methodology described here http://ru.cbonds.com/organizations/docdownload/8715.
The end result of the methodology is a single end-of-day Cbonds quote, which is based on bid and ask data of various trading floors and contributors working with this asset.
Quotes are published both anonymously and publicly in the section Bond Quotes by Market Participants: http://cbonds.com/quotes/market/. These quotes are indicative only. Organizations posting the quotes have no obligations to conduct transactions at these prices. To learn the actual current prices, you need to contact the respective organization. Trading floor quotes are available at http://cbonds.com/quotes/.
|07/15/2020||*** / *** (*** / ***)||*** (***)||***||***||Archive|
|Supranational bond issues|
|ISIN / ISIN RegS||USP1400AAA27|
|CUSIP / CUSIP RegS||P1400AAA2|
|Common Code / Common Code RegS||052709270|
|CFI / CFI RegS||DBFUFR|
|FIGI / FIGI RegS||BBG0000H86J9|
|WKN / WKN RegS||A1AY7T|
|Ticker||BMEBMZ 9.625 07/16/20 REGS|
|Issuer rating on issue date (M/S&P/F)||***/***/***|
|Placement||**/**/**** - **/**/****|
|Initial issue amount||***,***,***|
|Initial issue price (yield)||***% (*.***%)|
|Number of bids||***|
|Bookrunner:||Bank of America Merrill Lynch, Banco Santander|
|№||Date||Placed amount/buyback (par), m||Weighted average price||Weighted average yield, %||Placement participants||Tap Issue ISIN|
Bookrunner: Banco Santander, Bank of America Merrill Lynch