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Peruvian Hydroelectric Project Closes Loan

Aug 21, 2012

The Cerro Del Aguila hydroelectric project in Peru has closed on $534m in loan financing, according to sources familiar with the process. The funding for the project sponsored by Israel Corp includes a 12-year portion paying Libor plus...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

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