Brazilian State Plans Pass-Through Note

Jul 25, 2013

The Brazilian state of Maranhao is poised to follow the path set earlier this year by Minas Gerais and sell bonds in the international market backed by a government-guaranteed loan. The Brazil Loan Trust I special purpose vehicle is preparing to sell $662m in...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management