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Brazilian utility issues but LatAm lights to dim

Rio de Janeiro, Brazil, night, electricity, Light, utility, LatAm, 575
By Oliver West
16 Jun 2021

Light, the fifth largest energy distributor in Brazil, issued $600m of five year bonds on Tuesday to wrap up a hectic period of LatAm high yield issuance. But the primary market is likely to take at least a one day pause as recent issues trade softly and the US Federal Open Market Committee (FOMC) concludes a two day meeting on Wednesday.

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By Oliver West
16 Jun 2021