Cofide set to hit the market

Cofide set to hit the market


Peruvian development bank Cofide is gearing up to raise around $600m through a dual-tranche bond that could hit the market as early as today. The government-controlled bank was due to finish a roadshow on Monday with meetings in Los Angeles and the deal will likely be priced today, or later this week, said a source. The roadshow for a five-year $300m senior unsecured tranche and a $300m 15 non-call 10-year subordinated tier two also included meetings in the US, Europe and Latin America last week

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