LatAm Issuers Hit Fierce Headwinds
Brazil’s Odebrecht was hoping Thursday to get a mid-6% yield on its new perpetual bond, according to investors, though LatAm issuers face elevating risk aversion after another bloody day on Wall Street. “For the first time we saw a clear step-up in Euro-zone contagion into EM,” says RBC in an EM research note. “The risk of sovereign defaults in Southern Europe is sufficiently...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.