TGP Plans Cross-border Bond Debut

Transportadora de Gas del Peru (TGP) is heard out with an RFP for a new bond, according to DCM bankers, which would represent its first international sale. The would-be issuer is heard to seek around $300m, though some suggest the deal could be larger, perhaps one of the largest transactions seen out of Peru. The request has gone out to a group of banks, a source at one of which says the RFP deadline is Thursday. TGP raised $150m in 15-year domestic bonds in 2010.