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Bond Investors Line up for Peruvian Debut

Oct 31, 2013

Peru’s San Miguel Industrias (SMI) generated $2.3bn in orders for a new $200m bond, according to people following the sale, allowing for 125bp tightening from initial price thoughts. The BB/Ba2 $200m 2020 NC4 priced at par with a 7.75% coupon, tight...

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