ew bond issue: Grupo ACP sells USD 85m in 2021 bonds with 9.0% coupon
Grupo ACP (Peru) on March 24, 2011 placed USD 85m in bonds with a 9.0% coupon, maturing in 2021. The bond was priced at 100% to yield 9%. Citigroup, IMTrust, LXG Capital arranged the deal.
Issuer, issue number: Grupo ACP, 2021
Type of debt instrument: Eurobonds
Issue status: outstanding
Par, currency of issue: USD, 100000
Amount: 85 000 000
End of placement: Mar 24 2011
Issue price: 100
Yield at Pricing: 9%
Coupon: 9.0%
Settlement Date: Mar 2011
Maturity date: Mar 2021
Issue Managers: Citigroup, IMTrust, LXG Capital
Trading floor: Luxembourg S.E.
Issuer profile:
Grupo ACP, which reinvests 100% of its profits in social projects, owns Peru's leading microfinance bank, Mibanco. It also has microfinance projects in ten Latin American countries, including Mexico and Brazil.
Outstanding issues:
1 issue(s) outstanding worth USD 85 000 000