Televisa prices inside curve amid rates calm

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Emerging Markets
EM LatAm

Televisa prices inside curve amid rates calm

Oliver West
May 08, 2014 10:45 PM
Televisa
In this photo taken June 29, 2011, the logo of Mexican television network Televisa stands atop the network's studios in Mexico City. Television magnates and the cell phone and telephone companies owned by Mexican billionaire Carlos Slim are fighting for the prize known as the "triple play:" a single company supplying cell and fixed-line phones, TV and internet service to consumers. Whoever wins that market holds a key into the homes of 112.7 million Mexican consumers. (AP Photo/Franklin Reyes) | Franklin Reyes/AP/Press Association Images

Mexican broadcaster Televisa took the LatAm bond market deep into negative new issue premium territory on Thursday as confidence regarding rates and immunity from political turmoil in eastern Europe provided LatAm borrowers with issuance conditions well beyond the expectations of many bankers.

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Oliver West
US Bureau Chief - Latin America Editor
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