Top Section/Ad
Top Section/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
Moody’s upgraded the Central American Bank for Economic Integration (Cabei) from A1 to Aa3 on Wednesday, paving the way for the multilateral lender to approach traditional dollar SSA investors. -
Minera México, the largest subsidiary of Southern Copper Corporation, priced flat or inside its parent company’s curve on Thursday as investor appetite for Mexican credit shows no sign of easing.
-
Brazilian lender Banco Votorantim found ample demand for a dual tranche issue on Tuesday after waiting nearly two weeks from the end of its roadshow to announce a deal. Compatriot food company BRF could now bring a deal a little quicker having concluded its own investor meetings.
-
Brazilian state-owned oil and gas giant Petrobras will issue a new long 10 year of over $4bn after existing bondholders agreed to participate in an exchange offer that will see them swap old notes for a combination of cash and new paper.
-
Mexican state-owned oil company Pemex found plenty of follow-through demand in secondary markets as all three tranches of its $7.5bn bond issue traded up on the break.
-
Minera México, the largest subsidiary of the Southern Copper Corporation, will hold investor meetings this week as it looks to join the slew of Mexican credits taking advantage of benevolent bond markets.
