Panama plans cross-border return

Panama plans cross-border return

Panama Bonds

Panama could be one of the next Latin American sovereigns to tap the cross-border market with a potential benchmark-sized bond sale, two fixed-income investors told LatinFinance. The Central American sovereign is weighing its options to raise money after it outlined plans in November to invest up to $10bn in public works projects, including two subway lines and a fourth bridge over the Panama Canal. "They need to fund these projects somehow, and issuing bonds would be one of the cheapest ways of

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