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Emerging MarketsEM LatAm

Navios clinches refi after sweetening bond deal

hidrovia, LatAm, river, boat, ship, sipping, Navios, logistics, 575, Uruguay, Brazil

Uruguay-headquartered Navios South American Logistics on Tuesday notched a $500m 10-year bond that left the company with a far more comfortable debt maturity profile. But Navios had to improve terms for investors — and wait a week after it first announced the issue — to get the refinancing done.

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