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Itau Mixed on Heringer Issue

Aug 3, 2010

Itau says it has "mixed feelings" on Brazil-based Heringer's plans to issue BRL228m in 2014 non-convertible debentures paying CDI plus 4.5%. Proceeds...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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