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NII Holdings Tests a Convertible

Feb 1, 2004

Hybrid securities such as convertible bonds are a rarity in Latin America.  Latin American companies are suspicious of equity products, which would require them to cede at least some control of their companies. But NII Holdings Inc., a US-based provider of digital wireless communications services to businesses in Latin America, has proved that convertible debt offers Latin American businesses an...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management


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