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Embraer Launches Exchange

Aug 30, 2013

Brazil’s Embraer has launched an exchange and cash offer targeting the $880m outstanding of its 6.375% 2017 and 6.375% 2020 bonds, it says. The Brazilian airplane manufacturer is set to swap the two series for new 2023...

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

Jan Dehn, Ashmore Investment Management


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