trending Market Intelligence /marketintelligence/en/news-insights/trending/1CCQBeelRJl2oiiIHohilQ2 content esgSubNav
In This List

Peru's Cofide closes 100M-sol sustainable bond offering

Blog

Spotlight on sustainability How banks can overcome the challenges of achieving Net zero by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears

Podcast

Street Talk | Episode 100 - KBW CEO offers optimism for bears fearful of bank liquidity, credit

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


Peru's Cofide closes 100M-sol sustainable bond offering

Corporación Financiera de Desarrollo SA, or Cofide, said that demand for its sustainable bond issuance reached nearly twice the offering's size.

The Peruvian company on Oct. 24 sold 100 million soles of the 3-year bonds, which carry a fixed rate at 3.78125%. Demand for the offering reached 193.4 million soles, the company said in a filing.

Interest will be paid every six months, and the bonds mature Oct. 25, 2022.

As of Oct. 23, US$1 was equivalent to 3.35 Peruvian soles.