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Panama's Banco Aliado to offer $2.35M in short-term debt

Panama's Banco Aliado SA on May 14 plans to offer bonds worth $2.35 million, according to a securities filing.

The six-month BW notes carry a fixed annual 3.25% interest rate and will be issued May 16.

Banco Aliado said it will use proceeds from the offering to fund the growth of its loan portfolio.