Buenaventura pitches bonds to pay back taxes

Buenaventura pitches bonds to pay back taxes

Corporate & Sovereign Strategy Bonds Debt Fixed Income Peru Capital Markets

Minas Buenaventura began calling investors on Monday, pitching new dollar-denominated notes with maturities of five to seven years, a source involved in the deal told LatinFinance.  The mining company hired BBVA, Bank of America, BTG Pactual, Credicorp, Itaú BBA and Santander to lead the transaction, the source said. Buenaventura said in late May that it planned to issue $550 million in cross-border bonds to settle a tax bill from the government. Peru's tax agency Sunat has refused to recognize

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