UPDATE 1-Peru 2025 bond seen yielding around 7 percent

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LIMA, July 6 (Reuters) - Peru said on Monday it was reopening its 2025 global bond, and it looked like it would price to yield around 7 percent, several investors said.

The size of the deal is expected to be at least $850 million, according to IFR, a publication of ThomsonReuters.

The government said it will use proceeds to pay back debt owed to the Paris Club, and replenish its treasury.

Early price guidance was around 7 percent for the yield, and that later was firming to 6.95 percent.

Ratings on the SEC registered deal are Moody's Ba1, Fitch BBB-, and Standard&Poor's BBB-, IFR said. (Reporting by Terry Wade and Guillermo Parra-Bernal; Editing by Chizu Nomiyama)