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Banco de Crédito del Perú to issue 3-year notes worth up to 200M soles

Banco de Crédito del Perú on Jan. 24 plans to auction three-year corporate bonds worth up to 100 million Peruvian soles, expandable to 200 million soles, the bank said in a Jan. 20 filing.

The interest rate for the series D bonds, which will be issued Jan. 25, will be determined during the auction, the company said.

The bonds will be part of the first issuance under the bank's fifth bonds program for up to 1 billion soles. Credicorp Capital Sociedad Agente de Bolsa SA will act as the placing agent.

As of Jan. 19, US$1 was equivalent to 3.30 Peruvian soles.