Compass capitalizes factoring fund in Peru

Compass capitalizes factoring fund in Peru

Corporate & Sovereign Strategy Debt Funds Peru Coronavirus

The Peruvian subsidiary of Latin American asset management company Compass Group announced on Thursday a PEN110 million ($30.1 million) capital increase in a cash-advance investment fund that provides factoring services for small and medium-sized enterprises (SMEs).  The public share offering, which had been open for 12 months, closed on Thursday, Compass Group said in a securities filing. During the open period, nine institutional investors purchased a total of 101 million shares, it added. The

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