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Pacific Rubiales Tempts Convert Holders

Oct 26, 2011

Pacific Rubiales is giving holders of its 2014 8.0% convertible bonds the chance to convert to equity early with an additional premium....

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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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