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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 most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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