January 20, 2021
Peru's state-owned oil company Petroperú has received government approval to issue up to $1 billion in bonds to finance renovations to the Talara refinery, according to an entry in the government's official gazette on Monday.
The Ministry of Economy and Finance (MEF) authorized Petroperú to sell bonds in the international market, according to the announcement. The announcement did not say when the oil company plans to issue the new notes or how it intendsto structure the deal.
Eduardo Guevara, P
Peruvian government allows the state-owned oil company to issue up to $1 bln in notes to finance renovations to the Talara refinery