Crédito Real lends hope to smaller issues

payday loan
By Oliver West
23 Nov 2017

As much as Latin American bond markets have enjoyed a record year, trades of $300m or under that are not eligible for indices have largely struggled.

Indeed, while the $136bn of issuance so far this year makes 2017 already the biggest ever year for Lat Am cross-border markets, in terms of the number of deals this is only the fourth busiest year on record.

But unregulated Mexican payroll lender Crédito Real showed that issuers could ...

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