Petroperú mulls financing options

Petroperú mulls financing options

Bonds Debt Capital Markets Fixed Income Project & Infrastructure Finance Loans Energy Gas Peru US

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

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