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Published on 2/25/2016 in the Prospect News Emerging Markets Daily.

Fitch rates Peru bond BBB+

Fitch Ratings said it assigned a BBB+ rating to Peru's €1 billion 3¾% bond maturing in February 2030.

The proceeds will be used to pre-finance the 2017 government budget and debt-service requirements.

The rating is in line with Peru's long-term foreign-currency issuer default rating of BBB+ and the rating on the notes is sensitive to any changes in that rating, Fitch said.


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