trending Market Intelligence /marketintelligence/en/news-insights/trending/jxasmjp7kuyatqhhvjnuka2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Multibank to issue $1M in new debt

Blog

What’s on the Horizon for the Cruise, Hotel & Resorts Sector?

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcasts

StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

Street Talk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally


Multibank to issue $1M in new debt

Multibank Inc. on March 26 plans to offer $1.0 million in two-year bonds carrying an interest rate of 3.25%, the company said in a securities filing.

The Panamanian bank plans to use the proceeds from the series Q notes, which are scheduled to be issued March 28, to finance the growth of its own credit activities.

The funds will be used by the issuer to finance the growth of its credit activities.

The issuance is part of the bank's corporate bonds program worth up to $150.0 million.