Paraguay nabs negative concession in red hot Lat Am

Paraguay, LatAm
By Oliver West
16 Jan 2020

Latin America’s rising star Paraguay took advantage of low sovereign issuance from the region so far this year to tap existing 30 year bonds with a negative new issue concession, according to debt capital markets bankers.

In 2019, Paraguay ended a six year run of economic growth of more than 3%, with GDP expected to have expanded just 1% last year. But the IMF expects only the Dominican Republic and Panama to grow faster in 2020 and 2021, with Paraguay seeking to continue its ...

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