Corporate High-Yield Bond of the Year

Corporate High-Yield Bond of the Year

Brazil Bonds Corporate & Sovereign Strategy

Minerva Foods Cross-border bond sales from Brazilians spiked in 2016, after the country was shunned from international markets for much of the previous year. In the first nine months of 2016, Brazilian corporate issuers raised $19 billion from 14 transactions in the cross-border bond market — up from $8.06 billion raised in the market in all of 2015, according to local capital markets association Anbima.  Minerva took advantage of investors' enthusiasm on Brazil with its $1 billion bond issue in September. As the first Latin American issuer to step into the market after Labor Day, Minerva's timing was daring. Leading up to the issuance on September 8, Minerva management and bookrunners met m

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