BBVA Perú mulls debt raising options

BBVA Perú mulls debt raising options

Capital Markets Corporate & Sovereign Strategy Debt Bonds Loans Economy & Policy Peru Latin America

BBVA Perú is considering issuing bonds or obtaining loans after receiving approval from the country’s banking regulator to raise $200 million for a tier 2 debt financing, a source told LatinFinance. BBVA Perú aims to raise the debt in the first quarter of this year and will use the proceeds to refinance the previous tier 1 financing on more favourable terms, the source said. Peru’s Superintendency of Banking, Insurance and AFP (SBS) authorized BBVA Perú to contract the redeemable subordinated fi

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