Arauco, BCP and Falabella keep Latin new issues racing
As Venezuela edges closer to a catastrophic default, bond issue markets in Latin America continued to thrive this week as three Lat Am borrowers snatched blow-out deals.
Chilean pulp and paper company Arauco particularly caught the eye with a $900m dual tranche trade on Thursday that attracted $3.5bn of orders. Meanwhile, Banco de Crédito del Perú (BCP) became the second Lat Am lender in a week to take advantage of demand for local currency paper....
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