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Road Operator Delays BRL Bond Pricing

May 25, 2012

Concessionaria Rodovias do Tiete has pushed back the pricing of its BRL650m ($320m) debenture sale until at least next week, according to investors following the process. The toll road operator’s inflation-linked...

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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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