Published on 7/25/2006 in the Prospect News Emerging Markets Daily.
New Issue: Peru's Palmas del Espino sells $3.5 million commercial paper to yield 5.5022%
New York, July 25 - Palmas del Espino SA sold series C under the second issue of its second program of commercial paper, selling $3.5 million at 96.0625 to yield 5.5022%, 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 C commercial paper
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| Amount: | $3.5 million
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| Maturity: | April 22, 2007
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| Price: | 96.0625
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| Yield: | 5.5022%
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| Pricing date: | July 25
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| Settlement date: | July 26
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