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Financiera Oh! to auction up to 100M Peruvian soles in debt

Peru-based Financiera Oh! S.A. on March 21 plans to place certificates of deposit worth 70 million soles, but expendable up to 100.0 million soles, according to a securities filing.

The series B notes will be issued on March 22 and mature on March 17, 2019. They will carry an annual interest rate that will be determined upon the auction.

Interbank will serve as a structuring agent, while Inteligo SAB will act as a placement agent for the offering.

As of March 14, US$1 was equivalent to 3.26 Peruvian soles.