New Issue: Peru prices $1.25 billion 4 1/8% notes due 2027 at 195 bps spread

By Christine Van Dusen

Atlanta, Aug. 18 – Peru priced $1.25 billion 4 1/8% notes due Aug. 25, 2027 (A3/BBB+/BBB+) at 99.766 to yield 4.15%, or Treasuries plus 195 basis points, according to a filing from the sovereign.

Citigroup and JPMorgan were the bookrunners for the Securities and Exchange Commission-registered deal.

The proceeds will be put toward pre-funding 2016 requirements.

Issuer:	Peru
Amount:	$1.25 billion
Maturity:	Aug. 25, 2027
Description:	Notes
Bookrunners:	Citigroup, JPMorgan
Coupon:	4 1/8%
Price:	99.766
Yield:	4.15%
Spread:	Treasuries plus 195 bps
Trade date:	Aug. 18
Settlement date:	Aug. 25
Ratings:	Moody's: A3
	Standard & Poor's: BBB+
	Fitch: BBB+
Distribution:	Securities and Exchange Commission registered

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