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Published on 4/26/2012 in the Prospect News Emerging Markets Daily.

Panama's Global Bank may offer up to $200 million of covered bonds

By Paul A. Harris and Aleesia Forni

Columbus, Ohio, April 26 - Panama's Global Bank (Baa3/BBB-) is planning a $175 million to $200 million five-year covered bond offering, according to a market source.

Deutsche Bank is arranging a roadshow ahead of the possible transaction. Meetings are scheduled to end Monday.

Global Bank is based in Panama City.


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