Peruvian Lands Securitization
May 4, 2012
A project for Peruvian government-backed health service EsSalud has raised $229.4m through the sale of 2029 bonds. Utilizing a structure similar to IIRSA’s 2008 road construction financing, the Peru Payroll Deduction special purpose vehicle has issued a zero-coupon bond, which ultimately provides investors with a return equivalent...
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