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Comerci Reaches Deal with Domestic Creditors

Sep 2, 2009

Controladora Comercial Mexicana has reached a debt restructuring agreement with domestic bondholders. It will exchange 5 series of its existing bonds on a 1-for-1...

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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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