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Corporación de Finanzas del País to offer up to $2M in short-term debt

Corporacion de Finanzas del Pais SA on Dec. 13 plans to offer up to $2.0 million in six-month revolving negotiable commercial securities.

The series Z notes, which will be issued on Dec. 15 and mature on June 13, 2018, carry a 4.25% interest rate. Interest is payable monthly, the company said in a regulatory filing.

The debt is part of an existing debt program worth up to $30.0 million.