From Infobae · · 50s
Peru Records Largest Sustainable Bond Issuance
Peru issues $4.5 billion in sustainable bonds, a record for Latin America.
In brief
Peru issues $4.5 billion in sustainable bonds, a record for Latin America. Peru issued $4.5 billion in sustainable bonds, the largest such debt in Latin America, to address climate emergencies and boost security spending. Originally reported by Infobae.
Peru's Sustainable Bond Issuance
Peru issued $4.5 billion in sustainable bonds, the largest such debt in Latin America.
Record Demand for Bonds
The issuance attracted over $21 billion in demand, the highest since pandemic-era bonds.
Interest Rate Reduction
The spread reduced from 160 to 42 basis points, with negative issuance premium for 12-year bonds.
Minister's Statement
Economist Elmer Cuba noted investor confidence exceeded initial projections sevenfold.
Bond Exchange Offer
Peru launched a bond swap for 2027, 2030, and 2031 maturities to improve long-term debt profiles.
The short version
Peru issued $4.5 billion in sustainable bonds, the largest such debt in Latin America, to address climate emergencies and boost security spending.
