Results in Peru’s presidential run-off could affect the Tía María copper project, while strained relations with AMLO could hinder plans in Mexico
Category: Peru
Posted inDaily Brief
IFC contributes to Kandeo debt fund
World Bank’s private sector lender provides $20 mln for the US-based firm to finance middle-market companies in Colombia, Mexico and Peru
Posted inDaily Brief
Moody’s reviews Buenaventura ratings before bond sale
Rating agency says it could downgrade the Peruvian mining company if debt rises above four times EBITDA as earnings remain static
Posted inDaily Brief
Buenaventura sets up dollar bonds for tax bill
Peruvian mining company could issue up to $550 mln to pay off $600 mln in taxes
Posted inDaily Brief
Exalmar looks for loan to buy back dollar bonds
Peruvian fishing company seeks a term loan to fund the repurchase of $61 mln in 8% 2025 notes
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Moody’s casts negative view on Peru
Ratings agency says “polarized and fractured” politics could weigh on investments in the Andean nation
Posted inDaily Brief
Minsur takes out loan for bond buyback
Peruvian miner borrows up to $300 mln from Bank of America and Santander to repurchase its 2024 bonds
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Paz takes cautious financing approach
Chilean homebuilder will keep a conservative cash position as it steps up investments to pre-pandemic levels
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Scotiabank names new CEOs in Chile, Peru
Diego Masola will take over the Canadian bank’s operations in Chile, while Francisco Sardón will run Peru
Posted inDaily Brief
IDB funds feeder roads in Peru
US-based development supplies $114 mln in financing to lower transport costs in the Andean country