Promerica takes bond orders

Promerica takes bond orders

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Costa Rica Guatemala El Salvador Honduras Dominican Republic

Promerica is taking ordersĀ on a cross-border bond expected to price on Thursday, sources told LatinFinance. After making the rounds with investors last week, theĀ Central American bank is looking to raise at least $200m from the sale of 5.5-year notes. The leads Bank of America Merrill Lynch and Credit Suisse opened the price talk in the 10% area, sources said. Promerica got a five-year, $223m loan from 15 banks in 2016 to fund the acquisition of Citi's assets in Guatemala. It also got a five-yea

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