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Corporacion de Finanzas del Pais plans $1.5M debt offering

Corporacion de Finanzas del Pais SA said it plans to issue up to $1.5 million in one-year, revolving negotiable commercial securities on Feb. 20.

The series AE notes will carry an interest rate of 5.50%, payable monthly, and will mature on Feb. 15, 2019, according to a regulatory filing.

The debt will be offered under an existing program for negotiable commercial securities worth up to $30.0 million.