BBVA Peru Tees Up Issuance

BBVA Peru Tees Up Issuance

Structured Finance

Peru’s BBVA Banco Continental is looking to raise $250m in capital markets through the rest of 2009, including syndicated loans, a diversified payment rights (DPR) issue, local markets and a probable $150m 30NC10 hybrid. Local markets are currently most attractive, BBVA Banco Continental assistant general manager Luis Ignacio De la Luz Davalos tells LatinFinance. In soles, Davalos says BBVA can source up to $50m by issuing tranches with an average tenor of 7 years. “We are looking at w

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