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Peru's BBVA Continental to offer bonds worth 100M soles

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Peru's BBVA Continental to offer bonds worth 100M soles

BBVA Banco Continental SA on Aug. 14 will offer bonds worth 100.0 million Peruvian soles, as a part of its seventh corporate bond program worth $1.00 billion, according to a filing from the Lima-based lender.

The five-year series B bonds, with a nominal value of 5,000 soles each, will be issued Aug. 15.

BBVA Continental's brokerage unit, Continental Bolsa, will act as the placing agent.

As of Aug. 10, US$1 was equivalent to 3.28 Peruvian soles.