Interbank Maps Roadshow

Interbank Maps Roadshow

Peru Structured Finance

Peru’s Interbank plans to begin marketing Tuesday a $150m hybrid bond. It will start in Switzerland and Singapore, visiting London and Hong Kong before finishing Thursday in Boston and New York. The step-up junior subordinated NC10 notes due 2070 pay a fixed coupon for the first 10 years, before switching to a floating rate. Proceeds from the transaction will raise funds for Interbank’s Panama branch, according to rating agencies, with the debt transferred there after it receives an op

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