Oversubscribed, not overexcited: LatAm debuts pounce on relief rally
Latin America bond markets this week showed that the huge demand recently generated by well-known or high-rated credits is also available further down the credit spectrum and for debut borrowers.
Guatemalan Cementos Progreso and Peruvian San Miguel Industrias together collected $4.5bn of orders for a total of just $550m of bonds, maintaining the momentum provided by blowout deals for the likes of Brazil, Samarco Mineração and Entel the previous week.
And four more debut issuers from Latin America
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