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Emerging MarketsEM LatAm

Investors eye value in EM corp HY as Brazilian FPSO offers Petbra pick-up

Rio de Janeiro, Brazil, Copacabana, oil rig, ocean, LatAm, 575

EM bond buyers gave Guara Norte, a special purpose vehicle for Brazilian floating production storage and offloading (FPSO) unit Cidade de Ilhabela, a warm welcome on its first bond market outing as investors say that emerging market high yield corporates offer the best chance for outperformance.

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