LatAm Issuers Hit Fierce Headwinds

LatAm Issuers Hit Fierce Headwinds

Brazil Equity

Brazil’s Odebrecht was hoping Thursday to get a mid-6% yield on its new perpetual bond, according to investors, though LatAm issuers face elevating risk aversion after another bloody day on Wall Street. “For the first time we saw a clear step-up in Euro-zone contagion into EM,” says RBC in an EM research note. “The risk of sovereign defaults in Southern Europe is sufficiently high, and has sufficient upward momentum to warrant further moves on the part of investors to take ri

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial