El crédito ofertado y demandado, sobre todo para el financiamiento de operaciones en meses de alta demanda como diciembre, sería menor en el actual escenario político y económico, advirtieron gerentes de cajas municipales de Ahorro y Crédito (CMAC).
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Caja Arequipa places first local bonds
Caja Arequipa places first local bonds Peruvian credit union raises $16 mln in the sale of 2028 notes
BondsDebtCorporate & Sovereign StrategyFixed IncomePeru Peruvian credit union Caja Municipal de Ahorro y Crédito de Arequipa sold PEN57.6 million ($16 million) worth of eight-year bonds in its first deal in local market on Thursday, according to a securities filing.
Caja Arequipa sold the bonds to institutional investors only and priced the 2028 notes priced at par to yield 8.03%, it said. Cavali was the settlement agent in the deal, it added.
The credit union s board of directors had approved a bond sale in early June. Regulatory authorities approv