Global Banks Poised to Fund Petroperu's $2 Billion Aid Amidst Crisis
Published on: May 14, 2026, 2:04 a.m. | Source: Devdiscourse
Five major investment banks from the US and Europe are keen on funding a $2 billion loan for Petroperu. The state-run company needs this financial aid to continue operations. The initial $500 million is expected by mid-June, crucial for maintaining fuel production amid debts and high oil prices.
