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Telemar Aims Under 10%

Apr 15, 2009

Telemar has issued guidance of 9.75%-10.00% yield on an upcoming issue of $750m in 2019 bonds, expected to price this week. The BBB minus/Baa3 rated deal has been roadshowing in the US and Europe. In September, the...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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