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Moody’s Raises Peru Toll Road Notes

Nov 7, 2008

Moody's has upgraded Intersur Concessiones’ Interoceanica IV project bonds to Ba1 from Ba2. The $557m in zero-coupon 2025 and zero-coupon 2018 notes...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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