April 7, 2020 |
Peruvian lender Banco de Crédito de Perú (BCP) announced on Friday that it increased its bond limit to $8 billion as shareholders agreed to raise capital by PEN850 million ($250 million).
BCP drew up a new six-year local bond program for up to PEN3 billion in mid-March. Credicorp, which owns BCP, will lead the program, starting with three-year notes in Peruvian soles. With the new limit, BCP can now have up to $8 billion in outstanding bonds in local or foreign currencies, according to the filin
Peruvian lender puts the new limit at $8 bln as shareholders agree to add $250 mln in capital