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Republic of Peru Announces Exchange Consideration

  • The Republic of Peru announced on June 5, 2025, offers to exchange certain outstanding sovereign bonds for new Sol-Denominated sovereign bonds due 2035 in Lima.
  • Peru initiated the exchange to replace Existing Bonos Soberanos and Global Depositary Notes with New Bonds amid terms detailed in the June 5 Exchange and Tender Offering Memorandum.
  • The New Bonds bear a coupon of 6.850% and include new GDNs, with exchange considerations offered per S/1,000 principal amount subject to Peru's discretion on acceptance and proration.
  • Peru priced the New Bonos Soberanos at 99.7152%, with Exchange Considerations calculated by dividing the Purchase Price of Existing Bonds by this issue price.
  • The New Bonds are not registered under U.S. Securities laws and cannot be offered or sold to U.S. Persons, and Peru makes no assurance the transactions will complete or update information.
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Republic of Peru Announces Exchange Consideration

LIMA, Peru, June 5, 2025 /PRNewswire/ -- The Republic of Peru ("Peru") announced earlier today the commencement of offers to (i) exchange certain of Peru's outstanding sovereign bonds or bonos soberanos (the "Existing Bonos Soberanos"), including bonos soberanos in the…

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World News broke the news in United States on Thursday, June 5, 2025.
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