	southeast bancorp stb acts on brazilian debt following the lead of other major banks southeast banking corp told the securities and exchange commission it would place mln dlrs of medium and long term brazilian debt on non accrual or cash status based on current interest rates it estimated in a filing that the move will reduce net income by about dlrs in the first quarter and mln dlrs for all of the company also said it did not believe the brazilian debt situation would have a material adverse effect on it it also said it would issue common shares in connection with its acquisition of popular bancshares corp reuter 
