HY Issuers Challenged Despite Buyside Liquidity
Feb 22, 2013
High-yield corporate issuance from LatAm is up so far this year and large EM debt inflows continue, though growth companies in LatAm still face obstacles that keep the high-yield market from growing to potential. “We struggle to find enough pure high yield in Latin America. I think there’s just a limited number of companies today that can issue,” says AJ Mediratta, portfolio manager and co-president of Greylock Capital Management. He also notes...
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