Record First Half for Latin Debt
The six tranches Petrobras sold in its $11bn May blockbuster bond issue have driven LatAm DCM in the first six months of the year to its highest ever level, according to Dealogic. LatAm issuers raised $82.8bn in the debt market in the first half from 223 deals, including local currency domestic bond transactions. Such borrowers sold $80.2bn from 211 deals in the same period of 2012. Citi took the number one spot in the league table, while Bank of America Merrill...
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