Orazul to deleverage with buyback of 2027s
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Emerging MarketsEM LatAm

Orazul to deleverage with buyback of 2027s

Peru, Lima, Miraflores, bridge, electricity, lights, LatAm, 575

Peruvian power generation company Orazul has launched a tender offer for a portion of its 2027 bonds and will use proceeds from last year’s sale of its transmission businesses to fund the liability management. Fitch had anticipated the prepayment of the notes back in August 2020, when it placed Orazul’s credit rating on positive watch.

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