Peru’s Red Dorsal reduces negative carry with delayed draw project bond

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Peru’s Red Dorsal reduces negative carry with delayed draw project bond

Ziggo

An SPV owned by the concessionary of Peruvian fibre optic cable network project Red Dorsal priced a $273.7m variable funding note (VFN) with Peruvian government guarantee and delayed draw structure both in place to reduce the cost to the borrower.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article