Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

BCP Lands Hybrid

Apr 20, 2012

Banco de Credito del Peru (BCP) generated about $1.4bn in orders for a new $350m Tier 2 2027 NC10 bond. The bank priced the Baa3/BBB minus fixed-to-floating rate subordinated notes at par with a 6.125% coupon to yield at the tight end of 6.25%-area guidance. After year 10, the interest rate switches...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


  1. Investors raise concerns on LatAm structured finance
  2. Commodities dip raises LatAm growth fears
  3. Institutional wealth – pension funds: The next generation
  4. Pension funds grapple with investment limits as portfolios swell
  5. Debt investor scorecard: Beating the benchmark
Follow us


Poll

How busy will LatAm global-local currency debt issuance be this year?

Vote    


Popular Searches


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


Change font size: Switch to default font size Switch to medium font size Switch to large font size

All material is subject to strictly enforced copyright terms & conditions and cannot be repurposed or reproduced. © 2013 Latin American Financial Publications Inc.

Printing isn't available for this page.