Central America
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Mexico petrochemicals co has higher interest expense than Ebitda -
Sovereign offered no concession on long-awaited bond return
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Sentiment resilient after volatility but LatAm corporates still a tricky proposition
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Sovereign raises $1.8bn after gathering over $9.5bn of orders
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Conditions perilous for LatAm high yield but loyal following helps Mexican company access market
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Mexican conglomerate to buy back almost $1.8bn of bonds below par as strategy change pressures rating
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Recent dip in sentiment is not reason for low issuance from Latin America
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Microlender is a rare survivor among Mexican NBFI issuers
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Mexican oil company reasserts market access with impressive execution but investors seek more sustainable solution
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Official institutions and agencies drive demand for Central American development bank
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Despite president’s defiance, market still prices in default amid limited financing sources
