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Emerging MarketsEM LatAm

Non-Brazil trio fetch blow outs in resilient LatAm

A trio of heavily oversubscribed and tightly priced corporate deals from Latin America on Thursday showed that Petrobras’ problems were only for Brazilian issuers and no one else, as Mexicans Elementia and Gruma, and Chilean Angamos, fetched huge order books in spite of Alibaba’s $8bn jumbo.

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