LatAm lures nearly $3bn for new bonds

06 May 2010

Three Latin American companies are pursuing new issues this week after borrowers from the region raised nearly $3bn last week. Pricing levels available to LatAm names have held up better lately than those for European and North American counterparts, according to bankers.

"LatAm and Asian issuers haven’t been able to push levels as tight as they would have normally — they’ve been pricing in line with whispers and not pushing tighter," said one London based emerging markets syndicate banker. "But in other markets like Europe and North America, it’s not ...

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