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Banco Ripley Peru issues 360-day notes worth 50M soles

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Banco Ripley Peru issues 360-day notes worth 50M soles

on April 7 issued360-day notes worth 50 million Peruvian soles in the local market, the bank saidin a regulatory filing the same day.

Demandfor the notes reached 96.58 million soles, or nearly double the amount offered.The interest rate is fixed at 6.95%.

CAVALIS.A. I.C.L.V. acted as the placing agent, the bank noted.

As of April 8, US$1 was equivalentto 3.40 Peruvian soles.