UMS Moves for LM

Sep 24, 2013

Mexico is the latest LatAm blue-chip borrower to take advantage of stable borrowing conditions, raising $3.9bn in new 2023 senior unsecured bonds in order to fund a tender of shorter-term debt. Books for the Baa1/BBB/BBB+ sovereign were heard reaching $5bn before closing at 12:30pm Monday. The new...

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

Jan Dehn, Ashmore Investment Management