LatAm relaxes on EM but long term is good
After last year’s all-time record international bond issuance by Latin American borrowers, the first half of Q1 in 2013 has seen the region’s share of global EM issuance fall to 20%, according to data from Dealogic. However, bankers say the long-term outlook is still healthy for the region.
February has been particularly quiet in Latin America, with a softening in deal performance putting off some issuers like Schahin and J&F that had planned bonds. In contrast, January saw ever-tightening yields and jumbo order books.
"The market is softer, but we had a strong start to the year
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