Posted inDebt

Promerica misses mark in bond buyback

Central American financial services group Promerica pledged to repurchase $112 million worth of its 9.7% bonds due 2024, falling short of its $200 million target. Promerica agreed to pay $1,024.25 for every $1,000 in principal, including a $30 premium, to investors who tendered their notes by the early deadline on August 4. Bondholders who turn in their 2024s by […]

Sign In

We've recently sent you an authentication link. Please, check your inbox!

Sign in with a password below, or sign in using your email.

Get a code sent to your email to sign in, or sign in using a password.

Enter the code you received via email to sign in, or sign in using a password.

OR

By signing up, you agree to our Terms & Conditions