Monthly Archives: March 2015

 Petrobras will be shut out of bond markets until 2016

Petrobras will not return to the international debt capital markets until 2016, according to one senior international banker with close knowledge of the quasi-sovereign’s funding plans. Instead, the oil company’s strategy is to go beyond the minimum requirement of published … Continue reading

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Currencies’ depreciation will test local appetite

International investors are increasingly looking at Latin America’s local currency markets, but foreign exchange volatility makes the buyside wary of losing any potential gains, as has happened with some recent deals. The mixture of currency and credit risk may be … Continue reading

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