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Axtel Launches Tender

Jan 2, 2013

Axtel is looking to replace its 7.625% 2017 and 9.000% 2019 bonds, and is offering holders new 7.000% 2020 bonds and cash in a tender offer. The...

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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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