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Banco Ripley Perú sees strong demand for corporate bond offering

Banco Ripley Perú SA said it placed about 44.4 million Peruvian soles of corporate bonds on Dec. 14, with demand for the notes reaching 81.0 million soles.

The series A debt carries an annual fixed interest rate of 5.6250% and a term of three years and six months.

As of Dec. 14, US$1 was equivalent to 3.25 Peruvian soles.