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Emerging MarketsEM LatAm

Tonon offers sweetener for GVO and sugar peers as new bond rockets

LatAm bond investors say prospects are looking up for the struggling Brazilian sugar and ethanol sector as the astonishing performance of Tonon Bioenergia’s latest bond issue promises improved market access for its peers. GVO may soon become the next company in the country and sector to issue to refinance debt, say investors.

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