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HY Credits Hit the Road

Nov 20, 2012

LatAm’s high-yield borrowers are hoping to keep the new issuance pipeline open through the end of the year, with Mexico’s Grupo Kuo and Colombia-focused Tuscany International Drilling set to meet investors. Canada-based Tuscany is preparing to issue $200m in 7-year senior notes, according to Fitch, which assigns a B+ rating. The...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management