Peru
-
An unusual restructuring catches the eye -
Sovereigns completes bumper year of external funding with €1bn 15 year sale
-
-
Demand skewed to 12 year as sovereign issues for first time under socialist president
-
Bankers see healthy pick-up on first Peruvian new issue since July
-
Emerging market bonds were a cheerier place to inhabit this week. Just about.
-
Miners had been out of favour but are bouncing back as commodity prices rise
-
Signs of moderation from president not enough to ease S&P and Fitch’s fears over weaker metrics
-
Investors say dollar bonds yet to fully price in uncertainty
-
Peruvian generation company to repurchase $145m of 2027s
-
-
As sustainability-linked bond issuance gains momentum in emerging markets, questions are being asked about the product and its potential for innovation. The next iteration could see a feature already accepted in the loan market but not yet in bonds: a margin step-down.
