Peru’s Banco de Credito taps sub debt

Peru’s Banco de Credito taps sub debt

Bonds

Banco de Credito del Peru reopened its 6.125% $520m 2027 fixed to floating rate subordinated bond on Wednesday, adding $200m to the transaction. Lead managers Citi and JPMorgan priced the tap of the tier two instrument on a yield basis to offer 6.15%

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