BBVA Continental Aims for Bond Issue

BBVA Continental Aims for Bond Issue

Peru Bonds

Peru’s BBVA Continental is heard whispering 5.5%-area yield for a new $400m 2022 bond expected to price as soon as today, according to a person familiar with the process. The BBB/BBB+ lender is scheduled to wrap up investor meetings in Europe today after visiting Latin America and the US, and is heard having generated $1.5bn in interest. The decision to approach the market during the usually inactive second half of August is said to be based on a strategy of beating an expected rush of issuers i

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