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Banco ABC Brasil partially redeems 8½% notes due 2016
By Tali Rackner
Norfolk, Va., April 4 - Banco ABC Brasil SA has repurchased a portion of its R$250 million of 8½% notes due 2016, according to a filing with the London Stock Exchange.
Following the repurchase, the company holds about 15% of the notes.
The notes were issued under the company's $3 billion global medium-term note program.
Banco ABC Brasil is a lender based in Sao Paulo.
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