Lindley Moves Forward with 7% Talk

Lindley Moves Forward with 7% Talk

Peru Bonds

Peru’s Corporacion Lindley is seen braving tough conditions after emerging Thursday with 7% area guidance on a $320m 10-year 144A/Regs bond that will mark its debut in international capital markets. Pricing for the BB+/BBB minus credit is expected today via Citigroup and JPMorgan. This comes amid divergent views on pricing for the Peruvian drinks producer that is difficult to comp. According to rival bankers, official talk is coming wider than the mid 6 discussions heard earlier in the week, tho

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