Peru's Superintendencia del Mercado de Valores (SMV) published market data showing that corporate financing through primary public offerings (OPP) in the securities market increased in 2025, with 32 companies completing 70 debt placements that raised USD 1,398 million, up 31% from 2024. Average demand was close to twice the amount offered. The debt instruments had maturities ranging from 180 days to 12 years, with issued amounts of up to PEN 208 million, and were predominantly placed in Peruvian soles (92%), which the SMV linked to the currency’s lower volatility versus regional peers and its strength against the US dollar. Issuance volumes also accelerated in the final month of the year, with USD 260.5 million placed in December 2025 versus USD 109.9 million in December 2024. In the Alternative Securities Market (MAV), five non-corporate companies raised USD 7.5 million in 2025, a 52% increase year on year, with Assa Inmobiliaria S.A. and Surpack S.A. joining the segment.
Superintendencia del Mercado de Valores de Peru 2026-01-07
Peru's Superintendencia del Mercado de Valores reports 31% growth in corporate funding via primary public offerings in 2025
Peru's Superintendencia del Mercado de Valores reported a 31% increase in corporate financing through primary public offerings in 2025, with 32 companies raising USD 1,398 million. Debt placements were predominantly in Peruvian soles due to its lower volatility, and issuance volumes surged in December, while the Alternative Securities Market saw a 52% rise in non-corporate financing.