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Emerging MarketsEM LatAm

Mixed fortunes for Mexichem, Ecopetrol in choppy market

LatAm DCM bankers said Ecopetrol’s timing was unfortunate as the Colombian oil company sold a long 10 year bond on a difficult Tuesday in markets. However, Mexico’s Midas touch was enough to see petrochemicals company Mexichem obtain what bankers judged to be a better received deal.

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