Fitch rates Peru bond BBB+

Fitch Ratings said it assigned BBB+ ratings to Peru's 2032, 2060 and 2121 century bonds totaling $4 billion.

The rating is in line with Peru's BBB+ long-term foreign-currency issuer default rating, Fitch said.

Peru’s $1billion 3.23% note due 2121 is its first 100-year bond. The 40-year $2 billion 2060 note yields 2.78% and its 12-year $1 billion note yields 1.862%.

Proceeds will finance the government's coronavirus health response, economic reactivation program and budgeted expenditures in 2020.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.