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Kansas City Southern de Mexico Amends Facility

Dec 3, 2012

Kansas City Southern de Mexico (KCSM) has announced an amendment and extension to its $200m revolving credit facility, with changes that seek to put its covenants in line with those of investment-grade-rated companies,...

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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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