Bolivia’s BancoSol has issued seven-year bonds worth USD 7.12 million, at approximately 4 percent interest, on the La Paz market. The issue is planned as the first in a line worth USD 26 million. The issue was rated AA2 by Moody’s. BancoSol reports 125,900 customers and a loan book of USD 335 million.
Additional Resources:
BancoSol
http://www.bancosol.com.bo/
BNA Americas article, November 10, 2009
http://www.bnamericas.com/news/banking/BancoSol_completes_first-ever_boliviano-denominated_subordinated_bond_placement
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