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Published on 7/16/2007 in the Prospect News Emerging Markets Daily.

Peru announces local-currency 30-year issue worth up to $1 billion

By Aaron Hochman-Zimmerman

New York, July 16 - The Republic of Peru plans to offer a local-currency 30-year bond (Baa3/BBB-/BBB-) at the minimum amount of $1 billion, according to a market source.

A roadshow will be held in New York on Tuesday and Wednesday, and the deal is expected to price Thursday.

The offering will be sold under Rule 144A and Regulation S.


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