Lat Am storms back with Thursday quartet

Brazil, road, landscape, storm, sea, LatAm, 575
By Oliver West
14 Jan 2021

Four heavily oversubscribed Latin American new issues fetched tight pricing on Thursday, dispelling the unease felt at the week’s start and putting the region firmly on track to fulfil the predictions of record primary volumes for a January.

Mexico printed €2.7bn on Thursday, followed by Brazilian meat packer Marfrig, Brazilian logistics and transportation group Simpar, and Chilean mobile company WOM in dollars. While wednesday had seen a well-received deal from the Dominican Republic.

“All Thursday’s deals went extremely well and the market is extremely liquid,” said ...

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