Petroperú Receives $1.3 Billion Rescue Package

The Peruvian government announced a $1.3 billion aid package for Petróleos del Perú SA, known as Petroperú, in response to its urgent liquidity needs. This support comprises an $800 million loan and a $500 million credit line, both backed by the government through Banco de la Nación. This move follows Petroper’s liquidity alarm and subsequent […]

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