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Published on 4/4/2014 in the Prospect News Emerging Markets Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

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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