Peru Launches Debt Buyback, Plans Sol-Denominated Bonds.

Peru has launched a debt buyback program and plans to issue sol-denominated bonds. The country is offering to exchange several sol-denominated notes for new debt and repurchase euro- and dollar-denominated bonds due between 2025 and 2031. The new sol-denominated notes will include global depositary notes. Peru's hard-currency debt has performed poorly this year, with losses of 2.5%, making it the worst-performing government bond in Latin America after Colombia. [Extracted from the article]

Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)