GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Emerging Markets

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Hybrid issuance had all but disappeared in the last few years from emerging markets
These products appearing again suggests the market is working for both issuers and investors
Demand has been good for new deals during and after execution
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