Peru Holdco Downsizes, Widens

Peru Holdco Downsizes, Widens

Peru Bonds

Peru’s Andino Investment Holding (AIH) has priced a new $115m 2020 bond, widening pricing to a final 11% from earlier 10%-area indications, and issuing less than the anticipated $130m size. The B+/BB minus issuer priced at par with a 11.0% coupon, according to people following the sale, which had initially been expected to price Wednesday. The bond is fully and unconditionally guaranteed by Andino subsidiaries other than Terrano Inversiones Porturarios and Oporsa. The trade and transport-focused

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