LatAm high-yield bond sales surge in second quarter

LatAm high-yield bond sales surge in second quarter

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Loans Latin America

High-yield bond sales in Latin America rose to $8.8 billion in the second quarter from $3.8 billion in the first three months of 2020, with more than half of the money used for liability management, Moody's said in a report released on Thursday. As far as first half goes, this year marks the third highest totals in 10 years for high-yield debt sales, the report said.  The COVID-19 pandemic brought both high-yield and overall bond sales down to almost no activity in February and March, but there

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