Peru Port Operator TPE to Offer Up to $110 Million in Bonds

Terminales Portuarios Euroandinos SA, the operator of Peru’s northern port of Paita, said it plans to sell as much as $110 million in bonds as early as next month.

The debt offering, to be managed by units of Goldman Sachs Group Inc (GS) and Bank of Nova Scotia (BNS), will be used together with $50 million in capital to finance expansions, the Lima-based group known as TPE said today in an e-mailed statement.

To contact the reporter on this story: Alexander Emery in Lima at aemery1@bloomberg.net

To contact the editor responsible for this story: Alexander Emery at aemery1@bloomberg.net

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