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BCP Launches Exchange Offer

Sep 28, 2011

Banco de Credito del Peru has launched an offer to exchange any and all of its $120m outstanding in 6.95% 2021 subordinated bonds for recently issued6.875% 2026 fixed-to-floating rate bonds. Holders must...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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