Corporate Bond

Feb 1, 2008

High Yield
Comeback King

In a year chock full of corporate biggests and bests, one high yield deal stood out as the trailblazer. Mexican glassmaker Vitro's $1 billion dual tranche issue of January 2007 – briefly the biggest non-government EM and largest sub-investment grade offer in more than a decade – turned the company around and set a major trend. Rewards for both issuer and investor make the B2/B offer the LatinFinance Best Corporate Bond.


The private sector was the most competitive fixed income space in 2007, with América Móvil's 30-year in Mexican pesos, the biggest private sector issue from...

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