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Panama's Aliado Leasing to offer $5.0M in bonds

Panama's Aliado Leasing SA on March 13 plans to auction corporate bonds worth $5.0 million.

The five-year series O bonds, to be issued under a $20.0 million debt program, carry a fixed annual interest rate of 8.50% and will be issued March 15, according to a security filing.

The company intends to use the proceedings from the offering to finance the growth of its loan portfolio.