May 9, 2018 |
Rising interest rates around the globe will test Latin American corporate bond issuers, according to a report from S&P Global Ratings.
International credits reliant on global bond markets face increasing borrowing costs over the next two years because of the upward trajectory of the global reference rate.
Based on a combination of economic, social and financial factors, S&P said it was highly likely that by 2019, investment grade issuers will see a 100bp jump in rates, while speculativ
Issuers that remain reliant on global bond markets face increasing borrowing costs, S&P Global Ratings