LatAm drives EM bonds as CEEMEA lies in wait
The green shoots of EM bond market activity are mostly being seen in Latin America this week as those issuers hope to hit a market window before the US Federal Open Market Committee meeting in mid-September.
Colombia’s Ecopetrol has mandated Bank of America Merrill Lynch and Morgan Stanley for a dollar bond of up to $3bn and starts a five day roadshow on September 2.
Barbados is planning its first benchmark bond and will combine the deal with an liability management exercise to lengthen
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