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Peru talks $1 billion 10-year bonds at Treasuries plus 437.5 bps
By Aaron Hochman-Zimmerman
New York, March 25 - The Republic of Peru talked a $1 billion offering of 10-year bonds at Treasuries plus 437.5 basis points (Ba1/BBB-/BBB-), according to a market source.
Goldman Sachs and JPMorgan will act as bookrunners for the Securities and Exchange Commission-registered bonds.
Proceeds will be used to replenish over $500 million from the national treasury and to retire outstanding debt.
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