Pluspetrol Lines Up USD/PES Issuance

Pluspetrol Lote 56, a unit of Peruvian oil company Pluspetrol, is planning to issue bonds denominated in USD and soles in 3 pieces. A first tranche for up to $30m will be due in 5 years, while Pluspetrol will also place up to $100m in a 10 year and a maximum of PES150m ($53m) at the same tenor. The second and third tranche combined may not surpass $100m, the company adds. Credibolsa will lead, according to local press reports. The company did not return calls requesting confirmation.