Compartamos comes out with new bond program in Peru

Compartamos comes out with new bond program in Peru

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Peru

Compartamos Financiera, the Peruvian subsidiary of Mexican microfinance lender Compartamos Banco, plans to raise PEN400 million ($112 million) through a new local debt program, it said in a prospectus filed on Thursday. Compartamos will issue fixed-rate bonds with maturities of up to one year during the six-year program. It will use the proceeds to fund loans and cover general corporate purposes, the bank said in the prospectus. BBVA is the structuring agent, it added. Class y Asociados gave the

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