June 30, 2020 |
Latin American debt markets rebounded sharply from their COVID-19 pandemic-related shuttering at the end of the first quarter of 2020. The expectation is that after sovereigns rushed to get back into the market at attractive rates, the corporate sector will use the second half of the year to tap investor's dry powder, said Dennis Eisele, head of debt capital markets for Latin America at Credit Suisse.
After hitting a record of $39 billion in January, issuance in the region plunged as the spread of the coronavirus pandemic and fears of economic slowdown brought panic to the markets. Placements were short of $2 billion in February and below $4 billion in March, according to data provider Dealo
Interview with Dennis Eisele, Head of Debt Capital Markets for Latin America, Credit Suisse