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BBVA Continental Sees Well-Bid Sale

Jan 23, 2013

Peru’s BBVA Continental has raised a $300m bond, capitalizing on Peru’s booming growth and investor appetite for Andean credits to generate $2bn in orders. The BBB/BBB+ bank priced the 3.5-year bond at 99.786 with a 2.250% coupon to yield 2.314%, or UST+195bp, the tight end...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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