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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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Conditions perilous for LatAm high yield but loyal following helps Mexican company access market -
Mexican conglomerate to buy back almost $1.8bn of bonds below par as strategy change pressures rating
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Distress among multiple bond issuers exacerbates an already souring mood for EM corporate bond buyers
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LatAm supra exploring new markets after busy start to 2023
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Latin American multilateral has a funding programme of $5bn-$6bn this year
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