Rates sell-off leaves Lat Am issuers on hold

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By Oliver West
17 May 2018

Two prospective bond issuers from Latin America cancelled their fundraising plans this week as external conditions raise borrowing costs for EM issuers.

Peruvian agricultural company Camposol and Paraguayan lender Banco Regional both cancelled tender offers this week, accepting that they were not going to be able to raise funding before earnings blackouts began.

Both issuers had earlier extended the deadline of the tender offers in the hope of finding a window, ...

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