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Banco Pichincha del Perú issues $7.2M of corporate bonds

Banco Pichincha del Perú said it issued about $7.2 million worth of three-year corporate bonds on Oct. 10.

The issuance includes 7,185 corporate bonds with a face value of $1,000 each, the bank said, adding that the debt was placed in a private offering. The debt was issued as part of the company's third corporate bond program registered in 2014.

The lender earlier issued subordinated bonds amounting to $13.5 million in a private placement.