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Peru to fund Lima water projects with bonds, CAF loan

Peru to fund Lima water projects with bonds, CAF loan

March 31, 2022 | John Quigley
Andean nation will finance $253 mln in investments with local notes and $51.5 mln from the South American development bank

Project & Infrastructure Finance Water & Sewage ESG Social Bonds Bonds Debt Loans Capital Markets International Financial Institutions CAF Peru

Peru will issue bonds in the local market and borrow $51.5 million from South American development bank CAF to help finance a $253 million wastewater project in the capital city of Lima. The finance ministry will issue PEN801 million ($215 million) in sol-denominated bonds at different points during the project to finance investments by Lima's state-owned water company Sedapal, according to a decree in the official gazette on Tuesday. The 11-year CAF loan will have a grace period of four and a h

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