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UPDATE 1-Peru miner Buenaventura approves bond measures, including $650 mln issuance Updates with additional details on bond measures LIMA, Dec 4 (Reuters) - Peruvian mining company Buenaventura, a major precious metals producer, has approved a set of debt measures including a bond issuance of $650 million, the firm said in a statement on Wednesday. The miner added that shareholders had approved what it called a "repurchase or rescue operation" of currently active bonds....
Peru precious metals miner Buenaventura approves $650 mln bond issuance LIMA, Dec 4 (Reuters) - Peruvian mining company Buenaventura, a major precious metals producer, has approved a bond issuance of $650 million, the firm said in a statement on Wednesday. Reporting by Marco Aquino; Editing by Kylie Madry...
Peru's high public spending holding back faster interest rate cuts, cenbank chief says MEXICO CITY, Nov 28 (Reuters) - Peru's high public spending, which has pushed the fiscal deficit past the government's target, is hindering quick reductions in interest rates, the country's central bank chief said on Thursday. WHY IT'S IMPORTANT Peru's high fiscal deficit limits the central bank's ability to cut interest rates more rapidly, even as prices fall in the Andean nation and as the government calls f...