LatAm waits for FOMC as new deals trade up

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LatAm waits for FOMC as new deals trade up

A solid secondary market performance on Monday from the Latin American bonds that priced on Friday reaffirmed the confidence of bond bankers that the high yield market was once again open. However this Wednesday’s US Federal Open Market Committee meetings are likely to delay new deal announcements from other sub-investment grade companies from the region.

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