Panama returns with skinny concessions
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Emerging MarketsEM LatAm

Panama returns with skinny concessions

Nito, President, Laurentino Cortizo, Panama, Central America, LatAm

Yield-hungry bond investors helped the Republic of Panama to a $1.3bn dual-tranche bond that bankers judged offered little new issue premium, even as rating agencies issue warnings about a deteriorating fiscal picture in the country.

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