December 7, 2022 |
Mercantil Banco Panamá could issue more bonds in the local market and do a private placement in the United States next year to refinance debt held by Capital Bank, said Luis Huitron, the bank's head of funding and investor relations.
"The bank comes with several loans, both multilateral and from the public market, that probably have to be refinanced... to optimize the cost of capital," Huitron told LatinFinance in an interview on Tuesday.
"Its cost of capital is much higher than ours. So, it's g
Panama City-based lender could issue bonds in the local market and do a private placement in the United States to refinance debt from Capital Bank