Debt - Listing Confirmation::US$600M 6.75%Perpetual 5Yr Callable Subordinated Non-Preferred Non-Cumulative Tier1 Capital Notes

Issuer & Securities

Issuer/ Manager
BANCO MERCANTIL DEL NORTE, S.A. (CAYMAN ISLANDS BRANCH)
Securities
BANCOMERC US$600M 6.75% PCN R - USP1400MAA64 - 8XMB
BANCOMERC US$600M 6.75% PCN A - US05971PAA66 - ZUMB

Announcement Details

Announcement Title
Debt - Listing Confirmation
Date &Time of Broadcast
04-Feb-2020 17:30:26
Status
New
Announcement Sub Title
US$600M 6.75%Perpetual 5Yr Callable Subordinated Non-Preferred Non-Cumulative Tier1 Capital Notes
Announcement Reference
SG200204OTHR03FZ
Submitted By (Co./ Ind. Name)
Securities Market Control
Designation
SGX-ST
Effective Date and Time of the event
05/02/2020 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., Wednesday, 5 February 2020.

2. (I) The short name of the Notes is BancoMerc 6.75%PCN A and the ISIN Code is US05971PAA66.

(II) The short name of the Notes is BancoMerc 6.75%PCN R and the ISIN Code is USP1400MAA64.

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. The Notes will be traded in a minimum board lot size of US$200,000.

4. The issue date of the Notes is 27 June 2019.

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

The Bank of New York Mellon
101 Barclay Street, Floor 7 East
New York, New York 10286
United States of America

6. The Lead manager(s)/Bookrunner(s) of the Notes are Goldman Sachs & Co. LLC, BofA Merrill Lynch, Morgan Stanley and MUFG.

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.