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Published on 3/14/2005 in the Prospect News Emerging Markets Daily.

New Issue: Telefonica del Peru prices S/. 85 million 4.3998% series B commercial paper

By Caroline Salls

Pittsburgh, March 14 - Telefonica del Peru SAA said it made its first issuance under its second program of series B commercial paper, selling S/. 85 million at 4.3998%.

Issuer:Telefonica del Peru SAA
Issue:Series B commercial paper
Amount:S/. 85 million
Yield:4.3998%
Placement price:96.8223
Maturity:Dec. 9, 2005
Pricing date:March 11
Settlement date:March 14

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