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Emerging MarketsEM LatAm

LM lure keeps LatAm ticking as DR, Codelco clinch refis

Dominican Republic, DomRep, beach, Caribbean, 575, LatAm, palm trees

As year-end approaches and investors look for a breather, Latin America’s regular issuers usually spend December preparing for the traditional January funding round. But two of the region’s most prolific borrowers could not resist the historically low funding costs on offer this week, tapping existing bonds to buy back shorter-dated paper.

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