Lima to Market Global PES

Lima to Market Global PES

Peru Bonds

The City of Lima is planning to raise up to PES593m ($212m) from the sale of new 2023 bonds, according to rating agency reports. The PEN-denominated 144a/RegS offering, an international debut, is to have a GDN component. Split between two teams, the municipality’s two-day roadshow commences Tuesday in London and Los Angeles and visits in New York and Boston Wednesday. Citi is sole bookrunner. The Baa3/BBB minus Peruvian capital is looking for funds to help with a PES7bn public works agenda and r

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