An 1986 Bianchi Grizzly ( a guess on date and model, but seems right)
By the looks of the parts on this Peugeot I'd guess 84/85 and it's either the Canyon or Orient Express model. I didn't do tons of research because I was just being lazy, but here's a link to some catalogs.
Same fork crown as my '84 Ridgerunner and similar lugged bullmoose bars like the ones that came on the 1983 Trek 830.
Treet bikes working under the umbrella of Ali group of companies.
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