Home / LatAm corporates face uphill refi tasks

LatAm corporates face uphill refi tasks

LatAm corporates face uphill refi tasks

June 30, 2016 | Mick Bowen
Brazilian miner Vale is one corporate that faces high refinancing risk after the company's latest bond issue saw much shorter tenors than previous deals

Brazil Chile Central America Caribbean Bonds Corporate & Sovereign Strategy Economy & Policy

Latin America's corporate issuers face a high-risk refinancing environment, with some $30bn in cross-border bonds coming due between now and the end of next year, Fitch analyst Jay Djemal told LatinFinance."The impending hangover will be a big one," he said. "It will require being proactive to refinance debt as soon as possible."Mining companies are one sector that may struggle to refinance debt; Photo credit: Matt Hinsta: FlickrAfter $262bn in bond issues between 2011 and 2014, more than $

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