Petrobras grabs jumbo chance — but window not open to all

Petrobras grabs jumbo chance — but window not open to all

Bonds

Huge interest in Petrobras on Monday showed appetite for LatAm debt is strong, but timing and a careful strategy will be crucial for companies wanting to lure investors in the coming months, sources said after the Brazilian raised $8.5bn from a six-tranche transaction. The oil firm took advantage of low volatility and built-up appetite for emerging market debt, after weeks of low activity in the LatAm market, to garner nearly $23bn in demand from investors all over the world, market sources foll

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