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More Gloria Units to DCM: CFO

Jan 7, 2013

After a successful $325m bond sale in which Corporacion Azucarera del Peru (Coazucar) drew $4.5bn demand from Andean-hungry investors in July, other Grupo Gloria entities are considering the bond market. “We had a successful issuance with Coazucar, very well received and which performed very well in the secondary. Not only Coazucar, but perhaps other holding companies in dairy and cement could be going to the market in...

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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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