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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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Investors don’t like Mexico kicking the can down the road on Pemex, but are happy to take the same approach themselves. This is bad news for everyone -
Dominican Republic could be on the cards for LatAm supra after debuts in Paraguay, Costa Rica
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Next deal could include targets on climate change adaptation or biodiversity
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LM component supports demand as Brazilian issuer raises $750m
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Ricardo Fernandez joins after six years at US bank
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The issue comes after a bond exchange offer and payment relief agreement from lessors
