trending Market Intelligence /marketintelligence/en/news-insights/trending/6zE49InjgTYKAcyv4xoGYA2 content esgSubNav
In This List

Banco Internacional del Perú approves US$800M bond program

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Banco Internacional del Perú approves US$800M bond program

Banco Internacional del Perú SAA said its board approved the issuance of bonds worth up to US$800 million, or its equivalent in Peruvian soles.

The bonds will carry maximum terms of 10 years and can be issued in the local or foreign debt markets, the company said.

The Lima-based institution added that it will launch an exchange or repurchase offer for its 5.750% senior notes due 2020, which were issued through its Panama branch. The bank may redeem all or a portion of the notes, or exchange them for new bonds.

As of Aug. 20, US$1 was equivalent to 3.38 Peruvian soles.