Volatility pushes Lat Am borrowers away from dollars

By Oliver West
16 May 2019

DCM bankers said they were sitting on mandates for Latin American bond issuers as another week of volatility in global markets kept the region’s primary markets quiet.

Though Chile, Lat Am’s best rated sovereign, was able to raise $1.5bn-equivalent of new money locally with some non-resident participation, no other issuers from the region approached the market.

Gran Tierra Energy, a Canada-listed oil company that operates mostly in Colombia, completed a roadshow on Wednesday ahead of a ...

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