Ajecorp Returns with Surprise Retap

Ajecorp Returns with Surprise Retap

Peru Bonds

Peru’s Ajecorp has returned to the DCM market to raise $150m, reopening its 2022 bonds on the back of some $50m-$75m reverse inquiry. The 6.50% coupon notes reopened at 109.257 to yield 5.25%, in line with 5.25%-area guidance revised from 5.50%-area.

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