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Banco Ripley Perú plans offering worth up to 75M soles

Banco Ripley Perú SA on Feb. 21 will offer certificates of deposits worth 50.0 million Peruvian soles, expendable up to 75.0 million soles, according to a securities filing.

The 360-day series B securities will be issued on Feb. 22 under the Lima-based bank's program of up to 200 million soles, or its equivalent in U.S. dollars.

Banco Ripley Perú is a part of Grupo Ripley, which operates retail outlets in Peru and Chile and offers financial services including credit cards, lending, insurance and banking.

As of Feb. 16, US$1 was equivalent to 3.24 Peruvian soles.