Peru’s Fondo Mivivienda to offer new notes to fund tender offer

Chicago, March 31 – Fondo Mivivienda SA (Baa1) said that it plans to offer new notes in conjunction with a tender offer for any and all of its $650 million outstanding notes due 2023, according to a press release.

Current noteholders are being encouraged to document interest in the new note offering, if applicable.

Should the company not raise enough proceeds to fund the tender offer, the company will also use cash.

BofA Securities, Inc., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are working as dealer managers for the tender offer.

Mivivienda is a for-profit mortgage financing institution owned by the Republic of Peru and based in Lima.

© 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.