Brazil's Cetip to amortize 100 million reais in debentures
RIO DE JANEIRO
RIO DE JANEIRO Nov 7 (Reuters) - Brazilian securities clearinghouse Cetip in a regulatory filing on Wednesday said it would amortize 100 million reais ($49.26 million) worth of debentures by the end of this month.
Cetip said the move, a partial amortization of debentures it issued in 2010, is "indicative of the company's good performance and a result of its heightened capacity to generate cash."
Last year, Cetip also paid 100 million reais out of the total of 900 million reais worth of debentures it issued.
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