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Grupo Senda opts for loans over bonds

Jan 31, 2014

Mexico’s Grupo Senda has closed a MXN2.35bn ($176m) 5-year dual-currency loan, it said on Thursday. The loan amortizes annually after a 1-year grace period. The transportation company had been looking for MXN2bn but raised the amount...

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

Jan Dehn, Ashmore Investment Management