BTG wraps up public Rmb debut as Brazilians eye strategic trades

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BTG wraps up public Rmb debut as Brazilians eye strategic trades

A favourable basis swap and the strategic advantages of their credits with Asian investors could lead more Latin American borrowers to tap the renminbi market, said one LatAm DCM banker after BTG Pactual priced the first ever public renminbi bond from a Brazilian issuer.

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