Ecuador changes leads as investors see change in direction

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Ecuador changes leads as investors see change in direction

Lenin Moreno, Ecuador, LatAm
President of Ecuador, Lenin Moreno receives the ceremonial staff of indigenous leaders in the archaeological park of CochasquÌ, an area considered sacred in Ecuador, in CochasquÌ, Thursday, May 25, 2017. (Photo by Franklin J·come / ACG). *** Please Use Credit from Credit Field *** | ACG/SIPA USA/PA Images

The Republic of Ecuador raised $2.5bn of 10 year notes on Wednesday to take its total borrowing for the year to $5.5bn as — for the first time in seven deals — the sovereign mandated an institution beyond Citi to manage the issuance.

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