All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Emerging MarketsEM LatAm

Oil volatility claims PetroRio bond plans as Lat Am nears peak

Rio de Janeiro, Brazil, Copacabana, oil rig, ocean, LatAm, 575

A proposed debut bond from a Brazilian oil company that ratings agencies said had “high operating risk” and a “small” and concentrated asset base proved to be one step too far for the rampant EM bond market that is showing signs of nearing its peak.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree