MiFinanciera SA on March 12 will offer two tranches of negotiable commercial obligations, each valued at $2.5 million.
The series E bonds will have a term of six months and have an interest rate of 5.50%, while the series F instruments will mature in one year and carry an interest rate of 6.00%. Both series of notes will be issued March 14.
The bonds garnered a PABBB+ rating from Pacific Credit Rating.
The offerings are part of the Panamanian company's $10.0 million rotating negotiable commercial bond program.
