May 8, 2017 / 2:31 AM / 2 months ago

Peru authorizes state-run oil firm to issue up to $2 bln in bonds

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LIMA, May 7 (Reuters) - Peru's finance ministry has authorized state-run oil firm Petroperu to sell up to $2 billion in bonds to help finance the modernization of its main refinery, Talara.

The authorization, published in the government's official gazette on Sunday, is less than the $3 billion Petroperu had approved at a board meeting in early March. (Reporting by Marco Aquino; Writing by Caroline Stauffer; Editing by Paul Tait)

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