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TGI Brings Jumbo Junk Bond

Sep 26, 2007

TGI, the Colombian gas distribution company, has rekindled its dialogue with investors for the dual currency bond that was suspended in July amid credit meltdown. The company is looking to raise $900m in two...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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