Record First Half for Latin Debt

Record First Half for Latin Debt

Bonds

The six tranches Petrobras sold in its $11bn May blockbuster bond issue have driven LatAm DCM in the first six months of the year to its highest ever level, according to Dealogic. LatAm issuers raised $82.8bn in the debt market in the first half from 223 deals, including local currency domestic bond transactions. Such borrowers sold $80.2bn from 211 deals in the same period of 2012. Citi took the number one spot in the league table, while Bank of America Merrill Lynch, which ranked 9th in the fi

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