trending Market Intelligence /marketintelligence/en/news-insights/trending/i1wnfuxgpvds-cv6szznsa2 content esgSubNav
In This List

Paraguay's Bancop raises $5M in bond offering

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Paraguay's Bancop raises $5M in bond offering

Paraguay's Banco para la Comercialización y la Producción SA, known as Bancop, launched its first subordinated debt issuance program in dollars, raising $5.0 million in an offering of seven-year bonds, La Nación reported.

Netherlands-based Oikocredit, a long-time partner of Bancop that provides funding to the microfinance sector, fair trade organizations and cooperatives, subscribed to 100% of the issuance, according to the report.

Bancop will use the proceeds to bolster lending to the agricultural sector and other productive industries in Paraguay.