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The outcome from a fiscal policy perspective is 'binary', said an emerging markets debt investor
One Brazilian company printed in a tricky period for the country's corporate borrowers
Rede D'Or rode over investor concerns about the health of Brazilian corporates, while Edenor landed its first benchmark bond
Books for the jumbo €5bn deal were more than three times subscribed
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Investors have praised the deal, and Pemex's spread to the sovereign has crunched tighter
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Market conditions are 'ultra supportive', said one banker
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Two-part trade opens new investor base for the LatAm sovereign
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Demand let A rated sovereign cut spread by 35bp
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Investors hope a government more open to fiscal tightening will come to power in 2026
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Bank intends to issue more hybrid capital but ‘more MDBs need to print’ for new asset class to grow further