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Steelmaker Wraps up Follow-on

Jun 5, 2012

Colombia's Acerias Paz del Rio has finalized its equity follow-on, raising the COP271bn ($155m) it targeted. The steelmaker controlled by...

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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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