Multibank hints at bond market return

Multibank hints at bond market return

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Panama

Panamanian lender Multibank could return to the international bond market later this year with the sale of roughly $300 million in new notes after receiving a first-time rating from Moody's last week, a company source told LatinFinance on Wednesday. "The issue could be between the end of the third quarter and the beginning of the fourth quarter," the source said, adding that Multibank is waiting for market conditions to improve before it can come to market with a possible Rule 144A/Reg S deal. "

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