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Banco Ripley Perú places 60M soles in bonds

Banco Ripley Perú SA on Aug. 22 placed 60.0 million Peruvian soles in bonds, with total demand reaching about 102.1 million soles.

The issuance is under the bank's fourth corporate bond program for 250.0 million soles.

The bonds carry a nominal annual rate of 4.68750%, with a term of two years and six months, and will mature Feb. 23, 2022.

As of Aug. 22, US$1 was equivalent to 3.38 Peruvian soles.