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BBVA Paraguay Raises $100M

BBVA Paraguay has raised a total $100 million in a note sale.

BBVA Paraguay has raised a total $100 million in a note sale, Reuters reports. The lender’s senior bonds were sold in the 144a private placement market.

The securities, which carry a coupon rate of 9.75%, will mature on Feb. 11, 2016. The sole book-running manager for the sale was Citigroup.

Click here for the story from Reuters.

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