Banco Internacional del Perú SAA, or Interbank, said it will issue 312.0 million Peruvian soles of corporate bonds in the international market on Oct. 1.
The bonds will mature Oct. 1, 2026, and carry an interest rate of 5.00%, lower than the 5.750% rate on the 2020 notes the bank is looking to repurchase.
The issuance is part of a bond program for up to $800 million that was approved by Interbank's board in August.
As of Sept. 24, US$1 was equivalent to 3.35 Peruvian soles.
