Peruvian Banks Seek Loan Funding

Banco de Credito del Peru is seeking a $300m 3-year syndicated loan, for which it has mandated Standard Chartered and Citi as lead arrangers. The loan is for general corporate purposes, with bank meetings expected in New York next week. Meanwhile, BBVA Continental, the bank’s Peruvian subsidiary is in the syndication process for a 2-year $100m syndicated loan, via Standard Chartered, says a banker with knowledge of the transaction.