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Peru grants embattled state-run Petroperu $800 mln loan guarantee

Peru grants embattled state-run Petroperu $800 mln loan guarantee
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Peru Approves $1.3 Billion Relief Package to Rescue Petroperu

(Bloomberg) The Peruvian government announced on Tuesday details of a relief package for Petroleos del Peru SA, resolving for now a liquidity crisis at its ailing state-owned oil firm. Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersNigeria Delivers Jumbo Rate Hike to Aid Its Battered NairaTreasuries Mixed Amid Another Flurry of ....

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Peru Approves $1.3 Billion Relief Package to Rescue Petroperu

Peru Approves $1.3 Billion Relief Package to Rescue Petroperu
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

United States , Fitch Ratings , Sovereign Companies Attract Bond Investors , Petroleos Del Peru , Latin America , Quasi Sovereign Companies Attract Bond ,

market: Latin America's troubled state companies lure bond investors

"The government won t want to make a political crisis. Nobody is interested in that," said Peter Varga, a senior portfolio manager at Erste Asset Management GmbH. "It s cheaper to kick down the can on the road, so they ll always help a bit just to avoid default." ....

City Of , United Kingdom , United States , Peter Varga , Moody Investors Service , Africa Eskom Holdings , Latin America , Petroleos Mexicanos , Petroleos De Peru , Erste Asset Management , South Africa , Eskom Holdings , Mackay Shields , Investors Service ,