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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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Demand skewed to 12 year as sovereign issues for first time under socialist president
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Operator of 35 airports waives minimum exchange condition as take up stays below target
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Demand for Colombian oil company’s dual tranche skewed to 10 year
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Dominican electricity generator to include coupon step-up linked to renewables capacity
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Bankers see healthy pick-up on first Peruvian new issue since July
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Argentine utility’s debt swap qualifies as distressed, Fitch says