Debt - Listing Confirmation::US$500,000,000 5.75% Subordinated Preferred Capital Notes due 2031

Issuer & Securities

Issuer/ Manager
BANCO MERCANTIL DEL NORTE, S.A. (CAYMAN ISLANDS BRANCH)
Securities
BANCOMERC US$500M5.75%N311004A - US05962GAF63 - 4Y0B
BANCOMERC US$500M5.75%N311004R - USP14008AC36 - 4Y1B

Announcement Details

Announcement Title
Debt - Listing Confirmation
Date &Time of Broadcast
07-Oct-2016 13:31:17
Status
New
Announcement Sub Title
US$500,000,000 5.75% Subordinated Preferred Capital Notes due 2031
Announcement Reference
SG161007OTHRROV1
Submitted By (Co./ Ind. Name)
Issuer Services
Designation
SGX-ST
Effective Date and Time of the event
10/10/2016 09:00:00
Description (Please provide a detailed description of the event in the box below)
1. The Notes will be listed and quoted in the Bond Market with effect from 9.00 a.m., Monday, 10 October 2016.

2. The short name and abbreviated name of the Notes are BancoMerc n5.75%311004A' and BANCM31A respectively. The ISIN Code is US05962GAF63.

The short name and abbreviated name of the Notes are 'BancoMerc n5.75%311004R' and 'BANCM31R' respectively. The ISIN Code is USP14008AC36.

The letter 'R' denotes that trading of the Notes issued under Regulation S. The letter 'A' denotes that trading of the Notes issued under Rule 144A.

3. The Notes will be quoted and traded in US Dollars (US$). The Notes will be issued in denominations of US$200,000 and integral multiples of US$1,000 in excess thereof. The Notes will be traded in a minimum board lot size of US$200,000.

4. The issue date of the Notes is 4 October 2016.

5. The name and address of Principal Paying Agent for the Notes is as follows: -

The Bank of New York Mellon
101 Barclay Street, 7 East
New York, New York 10286
USA

6. The joint book-running managers are BofA Merrill Lynch, J.P. Morgan and Morgan Stanley. The co-managers are Credit Suisse, MUFG, UBS Investment Bank and Wells Fargo.

7. Please refer to the Issuer's offering documents for complete details before trading.

DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement.