LatAm Bonds
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Brazilian beef company Independência shocked the market late last week by failing to repay a $100m shareholder loan and filing a Chapter 15 bankruptcy proceeding.
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Jamaican telecommunications company Digicel completed roadshows this week on a $435m five year non-call three bond, which analysts say could find better demand than Mexican cement company Cemex’s deal, which also completed roadshows this week.