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Emerging MarketsEM LatAm

Alpek buyers withstand 50bp price squeeze

Alpek, plastic, squeeze, bottle, Mexico, spread, pricing, LatAm, 575

Mexican petrochemicals producer Alpek shrugged off a sharp sell-off in US Treasury yields earlier in the week to notch a highly oversubscribed 10 year bond in the only public benchmark new issue from Latin America this week.

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