Oil and Petrobras contagion put paid to JBS LM
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Emerging MarketsEM LatAm

Oil and Petrobras contagion put paid to JBS LM

David Luiz, Brazil

LatAm bond syndicate bankers said that the immediate future was bleak for Brazilian companies’ borrowing prospects after meatpacker JBS cancelled a planned new issue and tender offer blaming debt market conditions on Monday.

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