Biosev bumped as LatAm HY stays selective
Brazilian sugar and ethanol group, Biosev became the latest Latin credit to cancel a bond on Wednesday, postponing a $300m seven year non call four B1/BB- deal as it failed to attract enough demand even at price talk of an 11%-12% yield.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts