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Emerging MarketsEM LatAm

Brazil’s Azul offers triple-C ticket in crowded LatAm departure lounge

Brazil, Azul, airline, LatAm, 575

Brazilian airline Azul is looking become the first LatAm carrier to sell senior unsecured bonds since Covid-19 battered the sector last year. The proposed five year benchmark would also be the first triple-C rated new issue from the region since the pandemic began.

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