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Emerging MarketsEM LatAm

Mexico’s Axo generates pricing tension as LatAm finds momentum

Mexico, Mexico City, cathedral, people, zocalo, LaTAm, 575

Grupo Axo, the Mexican fashion retailer, sold $325m of five year notes on its international bond market debut on Tuesday, tightening the price as bankers said Latin America bond markets were in a sweet spot for new issuance.

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