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Infrastructure CCD Set to Close

Dec 22, 2010

Mexico’s I Cuadrada (I2), a unit of US-based PE manager Black Creek, is set to raise MXP3.2bn through an infrastructure-focused certificado de capital de desarrollo (CCD) transaction, according to regulatory documents, with details finalizing today. The individual certificates are set to...

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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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