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Flexed Odebrecht Loan Gains Momentum

May 29, 2009

Brazil’s Odebrecht has flexed by 40bp the pricing on a $850m 10-year drillship project loan to Libor plus 340bp, stepping up to 415bp through the final year, say bankers. The move has helped spur...

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It’s going to be a tough road for [Maduro]. Given the blow to Chavismo with the death of Chavez, there is a real likelihood of some form of real change in Venezuela.

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