LIMA, Peru, Sept. 29, 2016 /PRNewswire/ -- The Republic of Peru (the "Republic"), in accordance with its previously-announced offer (the "Offer") dated September 28, 2016, to purchase for cash (the "Offer to Purchase") (i) sovereign bonds or Bonos Soberanos (the "Bonos Soberanos"), including Bonos Soberanos in the form of Global Depositary Notes ("GDNs"), and (ii) Global Bonds (the "Global Bonds"), in each case as set forth in the table below (the "Bonds"), announced today that the Offer expired as scheduled at 4:00 pm New York City time, on September 28, 2016. Capitalized terms used but not defined in this press release have the meanings specified in the Offer to Purchase.
In accordance with the Offer to Purchase, the Republic has determined the Maximum Purchase Amount applicable to the Offer to be approximately S/. 10,251,560,000. The Republic priced its 6.35% Bonos Soberanos due 2028 in an aggregate principal amount of approximately S/.10,251,560,000 (the "New Bonds"), approximately S/.8,652,252,000 of which the Republic expects will be allocated to holders who validly tendered their Bonds in the Offer and who submitted orders to receive New Bonds (including holders of Global Bonds denominated in U.S. dollars that participated in the Preferred Tenders). The purchase price to be paid for each US$1,000 or S/.1,000, as applicable, principal amount of each series of the Bonds validly tendered and accepted pursuant to the Offer was set forth in a previous press release.