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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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Brazilian steel producer notches 10 year bond despite recent LatAm deals trading down
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Political complications remain before the country can seal deal with Fund but debt is too high, even in optimistic scenarios
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General Shopping buys back portion of perps below par
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LatAm supra has wrapped a quarter of its 2022 funding plan
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Spreads no tighter but stability may entice some issuers
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Bankers say Chilean issuers are paying up to raise debt in in tricky markets