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Mexico paid a similar new issue premium for its $9bn deal last week
◆ What has driven this week's record issuance and what might threaten sentiment ◆ Why the Maduro affair is a wake-up call for the EU ◆ Resolving Venezuela's debtberg
New issue premiums were slim for the LatAm sovereign duo
It will take years and huge amounts of money to get Venezuela in a state to restructure its debt
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Argentine energy name increases coupon on exchanged bonds
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There are technical reasons for such wide spreads, in particular very low liquidity
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First pure corporate deal from LatAm since May 10 but list of potential issuers ‘very short’
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Mexican firm to repurchase over 90% of only outstanding international bond
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Technical pressure leaves funds unwilling to take advantage of bargains
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Technicals continue to outweigh fundamentals, but there's a lot more at stake now