Hochschild, BCP bring back Peru
Peruvian miner Hochschild became the first debut borrower of 2014 in Latin American bond markets with a $350m seven year issue on Wednesday. But despite a strong book of nearly $1.5bn bankers say the pace of new issuers from the country will slow this year.
The number of non-financial Peruvian corporates with international bonds outstanding increased from seven at the start of 2012 to 24 at the end of 2013, according to Dealogic.
“You will see a few more new issuers from Peru,” said one corporate finance banker based in Lima, “but given
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