Banco General Eyes Perp

Banco General Eyes Perp

Panama

Panama’s Banco General is planning to sell a perpetual bond, its first, in the local market. “We’re considering for later this year an offering of a perpetual bond in Panama,” Raul Aleman, the bank's executive vice president and general manager, tells LatinFinance. General, the country’s largest bank by assets following last year’s merger with Continental, has not yet set a size for the offering, but has filed for up to $200m, Aleman says. He adds that the deal could be offered in tranches. “Ins

Already have an account?

Free trial

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

Free Trial