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Issuers struggle over what concessions investors will require
Issuance in March was never going to be hefty after a record start to the year
Government borrowing costs are rising on local and international markets, and credit ratings are falling
Sovereign also added $300m to a long-dated dollar note
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Investment grade Shell-Cosan JV in Brazil reprices curve tighter after 3bp NIP -
Investors want to lock in high coupons, though still prefer the top ranks of the sub-IG universe
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Deal represents new way for government to use private capital for public policy objectives
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High yield corporate bond issues in CEEMEA, outside Turkey, are hard to come by
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US oil company gains following from traditional EM buyers and US high yield investors
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Mexican hotel project Murano surprised some by getting hairy deal over the line at last despite lack of track record
