Peruvian Exalmar finally clinches loan consent

Oliver West

September 01, 2016 10:45 pm

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

Pesquera Exalmar, the Peruvian fishmeal farmer, achieved the majority consent from its bondholders this week that it needed to issue a senior secured loan.

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Santander Americas LatAm Bonds Emerging Markets Peru LatAm Latin America

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Oliver West

US Bureau Chief - Latin America Editor