Peru Is in Debt for USD 4.5 Billion in the Largest Dollar Bond Issue in Its History
5 Articles
5 Articles
The strong demand brought Peru’s debt cost closer to that of the US, according to the MEF. It is the largest sustainable dollar debt placement executed by a Latin American country.
The transaction reached US$4.5 billion, with maturities of 12 and 30 years, and received offers for more than US$21 billion from international investors.
The Minister of Economy and Finance, Elmer Cuba, announced that Peru carried out a successful placement of sustainable global bonds in dollars in the international market, for a total of $4.5 billion in terms of 12 and 30 years, the largest issue in that currency to date, obtaining coupon rates of 6.06 % and 6.45 %, respectively. The transaction received solid support from international investors, reaching a demand higher than $21 billion, the l…
The transaction is the largest dollar debt issue in the country’s history. Investors offered more than $21 billion, almost five times the amount finally placed.
The Government returned to international markets with a placement of global bonds whose funds will go largely towards prevention, care and mitigation of the impact of the El Niño phenomenon, confirming the first in Management, what is the operation?
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