Peru's Pacasmayo shields itself from FX risk with dollar buyback - GlobalCapital

GlobalCapital
Peru's Pacasmayo shields itself from FX risk with dollar buyback
GlobalCapital
Pacasmayo — which provides “essentially all” the cement sold in the north of Peru, according to Fitch — has launched a tender for up to $150m of its $300m 4.5% senior notes, issued in 2013 and maturing in 2023. In a move that underlines how concerned ...