Reuters logo
Petroperu to sell up to $3 bln in bonds on global markets
March 8, 2017 / 12:54 PM / 9 months ago

Petroperu to sell up to $3 bln in bonds on global markets

LIMA, March 8 (Reuters) - Peru’s state-owned energy company Petroperu has decided to sell up to $3 billion in bonds in global markets following a shareholder meeting last week, the company said in a letter to the country’s securities market regulator late on Tuesday.

Petroperu has been seeking financing for $3.5 billion in upgrades at its main oil refinery in the city of Talara, and the government said last month that the company was pursuing a mix of loans and bonds for the project.

Energy and Mines Minister Gonzalo Tamayo said in February that the Peruvian government would provide a guarantee for Petroperu’s bonds for the refinery program. (Reporting By Mitra Taj Editing by W Simon)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below