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GC Asia
JBS pounces on Brazil rating certainty
Latin American bond bankers said the blow-out 10 year issue printed by meatpacker JBS on Monday showed several Brazilian issuers were more comfortable with issuing conditions since the sovereign's downgrade by Standard & Poor's last week.
With just over two months before the World Cup is likely to shut the issuance window for Brazilian borrowers, bankers are expecting a pick-up in supply.
“Brazilian issuers are enjoying the relief rally provided by the certainty of a downgrade over the uncertainty of a negative outlook,” said ...Already a subscriber? Login
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Latest news from Emerging Markets
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Dada Nexus bags $450m from ADS follow-on, stock tanks
08.30 AM -
China policy and markets round-up: Beijing finalises D-Sib rules, Caixin PMIs hit decade high, US bill to delist Chinese companies clears House
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LifeTech Scientific, Yeahka share sales net HK$1.9bn
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Further Reading
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Follow-ons/Rights Issues
Dada Nexus bags $450m from ADS follow-on, stock tanks
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People & Markets
China policy and markets round-up: Beijing finalises D-Sib rules, Caixin PMIs hit decade high, US bill to delist Chinese companies clears House
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Follow-ons/Rights Issues
LifeTech Scientific, Yeahka share sales net HK$1.9bn
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Corp
E-House returns for new $200m bond
