New Issue - Samarco Minercao sells $1 bln in notes

Oct 26 (Reuters) - Samarco Minercao on Friday sold $1
billion of notes in the 144a private placement market, said
market sources. 
    Citigroup, HSBC and J.P. Morgan were the joint bookrunning
managers for the sale.

BORROWER: SAMARCO MINERCAO

AMT $1 BLN      COUPON 4.125 PCT   MATURITY    11/01/2022   
TYPE NTS        ISS PRICE 99.32    FIRST PAY   05/01/2013 
MOODY'S N/A     YIELD 4.209 PCT    SETTLEMENT  10/31/2012   
S&P TRIPLE-B    SPREAD 245 BPS     PAY FREQ    SEMI-ANNUAL
FITCH TRIPLE-B   MORE THAN TREAS   MAKE-WHOLE CALL 35 BPS