Bladex to Swap UF Bonds to Dollars

Jan 25, 2011

Panama-based trade finance bank Bladex intends to swap the UF funds into dollars, treasury vice president Gregory Testerman tells LatinFinance. The bank has been expected to issue up to UF2.5m ($109m) in bonds in Chile. Testerman says that issuance could take place any day given strong investor demand. However, the bank is waiting for...

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