Peru Sugar Exporter to Meet Investors

Peru Sugar Exporter to Meet Investors

Peru Bonds

Corporacion Azucarera del Peru (Coazucar) is scheduled to start meeting investors Thursday ahead of a possible cross-border bond debut. The sugar and ethanol unit of Grupo Gloria is to begin in London and Santiago, and visit Switzerland, Lima, Miami, Boston and Bogota, before finishing in Los Angeles July 25. A BB/BB+2022 bond is expected to follow. Bank of America Merrill Lynch and Citi are managing the process. A deal would offer a test for high-yield corporate appetite in the region. Mexico’s

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