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Banco Ripley Perú to offer up to 75M soles in debt

Banco Ripley Perú SA on May 9 will auction certificates of deposits worth 50.0 million Peruvian soles, expendable up to 75.0 million soles, according to a securities filing.

The 360-day series C securities will be issued on May 10 under the Lima-based bank's program of up to 200 million soles, or its equivalent in U.S. dollars.

Banco Ripley Perú is a part of Grupo Ripley, which operates retail outlets in Peru and Chile and offers financial services including credit cards, lending, insurance and banking.

As of May 8, US$1 was equivalent to 3.29 Peruvian soles.