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