November 11, 2021 |
Peru went to the international bond market for the second time since its ratings were downgraded in October and issued €1 billion ($1.15 million) in 15-year social bonds on Wednesday, a source involved in the deal told LatinFinance.
The new 2036 notes carried a coupon of 1.95% and priced at 98.453 to yield 2.071%, or 175 basis points over mid-swaps, the source said.
Peru opened the initial price talk around 200 basis points over mid-swaps with plans to issue between €750 million and €1 billion i
South American sovereign issuer prints $1.15 bln in 15-year notes in its second debt sale since a downgrade in October