NewzState-owned oil company Petroperú will allocate 57 percent of a 475 million dollar bridge loan toward the purchase of crude oil and fuel, according to reports from Lima dated October 26.
The remaining 43 percent of the funds will be used to address financial obligations and settle overdue commercial debts, as detailed in the official announcement.
This financial allocation highlights the company's immediate operational priorities regarding resource acquisition and the management of existing liabilities.
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