E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers B > Headlines for Banco Continental de Panama SA > News item
Published on 11/4/2005 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Banco Continental de Panama to issue $150 million five-year bonds

By Reshmi Basu

New York, Nov. 4 - Banco Continental de Panama SA (BCP) plans to issue $150 million five-year bonds (/BBB-/BBB- expected), according to a market source.

Citigroup is running the Rule 144A/Regulation S transaction.

A roadshow is expected to start the week of Nov. 7.

Proceeds from the sale will be used for short-term debt refinancing and for general corporate purposes.

Panama City-based Banco Continental is a private commercial bank in Panama (Ba1/BB/BB+).


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.