"I'm really happy to be here, and for this part of the contract to finally be official," Merino told Newcastle's website. (www.nufc.co.uk)
"I'm focussed on my displays and improving myself, and I'm really happy to have signed this contract."
Rafa Benitez's promoted side are ninth in the table and travel to Southampton, three places below them, on Sunday.
(Reporting by Aditi Prakash in Bengaluru; Editing by Peter Rutherford)
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