December 22, 2017 |
Peru's President Pedro Pablo Kuczynski (PPK) has survived an attempt at impeachment by the opposition-controlled Congress.
Bond markets remained relatively muted in the build-up to the vote. Peru's 2027 and 2050 sovereign bonds were down roughly a point in secondary trading this week.
But the political turmoil may cast a shadow over a planned IPO by Peruvian agro industrial company Camposol.
The Lima-based company has been marketing plans for an offering but could postpone it until the politica
Camposol remains on track to launch an IPO in January, but bankers say they are paying close attention to market sentiment