Investors buoyed by Uruguay growth

Investors buoyed by Uruguay growth

Bonds Uruguay

Investors remain buoyed on Uruguay's growth trajectory after reports showed the South American country's growth estimate was increased to 2%. The sovereign issuer has also maintained its plans to print up to $2.05bn in the cross-border bond market, capitalizing on heightened investor interest for its paper, sources told LatinFinance. GDP growth only reached 1.5% last year.S&P Global Ratings affirmed Uruguay's BBB rating and revised its outlook to stable from negative.The rating age

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