Extremely Wealthy
Billionaire Bankers Torch Bondholders With $19 Peru Loans
The billionaire Romero family’s strategy to lure more first-time banking customers among lower- income Peruvians is coming at a cost to its creditors. The yield on 2027 bonds issued by Romero’s Banco de Credito del Peru (CREDITC1) rose 0.41 percentage point to 5.01 percent in the two months since reporting…
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