Published on 12/30/2005 in the Prospect News Emerging Markets Daily.
New Issue: Peru's Financiera Cordillera sells $5 million, S/. 17.11 million series A bonds
By Caroline Salls
Pittsburgh, Dec. 27 - Financiera Cordillera SA made the first and second issues of series A bonds under its first bond program, selling $5 million of the bonds under the first issue and S/. 17.11 million under the second issue, according to a news release.
The company offered up to $10 million of the first-issue bonds and up to S/. 34.21 million of the second-issue bonds at auction.
The issuer is a Lima, Peru, financing company.
Issuer: | Financiera Cordillera SA
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Issue: | Series A bonds
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Maturity: | June 27, 2007
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Pricing date: | Dec. 23
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Settlement date: | Dec. 27
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First issue
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Amount: | $5 million
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Interest: | 5.6875%
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Second issue
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Amount: | S/. 17.11 million
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Interest: | 6.21875%
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