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IMPSA Refi Hits Wide End

Sep 23, 2010

Argentina’s IMPSA has raised $275m to help fund a tender offer for old debt, at the wide end of guidance and higher than the $250m set minimum. The issue through its WPE unit was heard trading...

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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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