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Petrotemex Gets 56% in Tender

Aug 14, 2012

Mexico’s Petrotemex has received acceptance from holders of $154m, or 56.06%, of its 9.50% 2014 bonds targeted a tender offer, it says. The Mexican petrochemical company’s...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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