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Emerging MarketsEM LatAm

Minerva feeds on pent-up demand to issue inside curve

Minerva, Brazil, goddess, statue, Athens, meatpacker

Lat Am new issue activity could hardly have had a better start to September as Minerva Foods raised $1bn of 10 year bonds at a flat to negative new issue concession. Strong flows into EM funds are creating conditions that are hugely attractive for borrowers.

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