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FARAC Retail Syndication Pokes Along

Dec 31, 2007

Retail syndication of a $3.7bn peso-equivalent loan for Mexico’s FARAC toll road concession is moving along slowly with little fanfare. Some MLAs want to reduce and are arranging to sell down portions of their holdings to new participants. The process is being coordinated by...

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“The greatest value in the next 12 months will be combination of corporates and local currency bonds”

Blaise Antin, TCW


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