Peruvian corporate fishes for loan to tidy up 2020s

Oliver West

January 22, 2019 06:00 am

Pesquera Exalmar, Peru, fish, anchovies, anchovy — FILE - In this Nov. 22, 2012 photo, fishermen work to unload a net full of anchovies during a fishing expedition in the Pacific Ocean, off the coast of El Callao, Peru. Peru¬ís government ordered radical restrictions on what the country¬ís 1,200-boat commercial fleet could catch, especially after stocks of the Peruvian anchovy, or anchoveta, plummeted last year. But compliance with strict government quotas has been problematic. (AP Photo/Rodrigo Abd, File) | Rodrigo Abd/AP/Press Association Images

Fishmeal producer Pesquera Exalmar has become the latest Peruvian corporate to opt for alternative sources of funding to refinance bonds after it used a syndicated loan to redeem its outstanding 2020s

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Americas LatAm Bonds Emerging Markets Peru LatAm Latin America

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Oliver West

US Bureau Chief - Latin America Editor