Published on 4/7/2006 in the Prospect News Emerging Markets Daily.
New Issue: Peru's Palmas del Espino sells $3 million series A commercial paper at 97.3125 to yield 5.60%
By Caroline Salls
Pittsburgh, April 7 - Palmas del Espino SA made the second issue under its second program of series A commercial paper, selling $3 million of the paper at 97.3125 to yield 5.60%, according to a company news release.
Palmas del Espino is Lima, Peru-based palm oil cultivator.
| Issuer: | Palmas del Espino SA
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| Issue: | Series A commercial paper
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| Amount: | $3 million
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| Maturity: | Oct. 9, 2006
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| Price: | 97.3125
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| Yield: | 5.60%
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| Pricing date: | April 7
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| Settlement date: | April 10
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