September 6, 2019 |
Petroperú is reviewing plans to issue $600m in bonds and is in talks to get a $200m loan to complete renovations to the Talara oil refinery in northwest Peru, CFO Mathius Sersen told LatinFinance.
"We are working on finalizing the details to secure the remaining $800m we need in financing," he said. "The loan should be closed by the end of this year. The bond issuance should be early next year."
The state-owned oil company will ask banks to vie for the underwriting mandate on the bond before the
Peru's state-owned oil company considers a $600m bond sale and a $200m loan for the Talara refinery, CFO says