Small but sweet GVO proves hunt for high yield LatAm

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Small but sweet GVO proves hunt for high yield LatAm

Steven Gilmore
June 12, 2014 05:30 PM

Brazilian sugar and ethanol company Virgolino de Oliveira (GVO) priced a $135m six year bond this week, offering investors a juicy 11% yield for a secured bond and proving that the hunt for fresh Latin America bonds extends beyond the more well-known high yield names.

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