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Brasil Telecom calls its $200 million 9 3/8% senior notes due 2014
By Melissa Kory
Cleveland, Nov. 18 - Brasil Telecom SA announced that it will redeem its outstanding $200 million of 9 3/8% senior notes due Feb. 18, 2014, according to a 6-K filing with the Securities and Exchange Commission.
The notes will be redeemed on Dec. 22 at 103.125% plus accrued interest.
Bank of New York Mellon is the redemption agent.
Brasil Telecom is a telecommunications services provider based in Brasilia, Brazil.
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