Panama's Banistmo clinches debut deal
Banistmo, the Panamanian lender owned by Bancolombia, sold its first ever international bond on Tuesday, offering a pick-up to the curve of its peer Banco General.
BBB-/BBB rated Banistmo had wrapped up a roadshow with JP Morgan and Morgan Stanley on Monday before announcing initial price thoughts of 225bp over US Treasuries for a 144A/Reg S five year senior unsecured bond.
Rating agency reports published on September 1 had put the size of
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