Dreaming of a White Christmas (and a Red Hot Lat Am)

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Dreaming of a White Christmas (and a Red Hot Lat Am)

Brazil, Christmas
aliasching - Fotolia

A very merry Christmas from GlobalCapital which is looking forward to a resurgent Latin America in 2016, among other things. We'll be back on January 4.

I’m dreaming of a red hot Lat Am

Just like the ones I used to know

Where Petrobras sold jumbos

and high yield was fun so

Yields, would reach their all time lows

I’m dreaming of a red hot Lat Am 

With every sovereign pitch I write

May Brazil finally get things right

For god’s sake no more issuers locked up overnight

I’m dreaming of an Argentina mandate

Just like the ones I used to know

If not I’ll take Colombia

As I always enjoy Bogota

Even though, they lost Miss Universe

I’m dreaming of financing Ecuador

At better terms than the Chinese

May Peruvian corps get up off their knees

And start to issue, as I need more bond fees

I’m dreaming of lower new issue premiums

By now my friends are worrying about me

But if the Fed doesn’t surprise us

And investors don’t despise us

I will hear bonus bells in the snow

I’m dreaming of a white Christmas

Because new issue markets are boring as hell

May next year resemble 2012

Or I’ll quit banking, and sign up to Santa’s elves

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