RAS AL KHAIMAH / GULF TIME Following its strategic collaboration agreement with Marriott International, ATARA …
Read More »Chile junk bonds surge
Bloomberg Bond investors are giving Chile’s Masisa SA a vote of confidence as the wood-panel maker unloads assets, pays debt and becomes less reliant on Venezuela. Its $200 million of notes due in 2019 have returned 27 percent in 2016, almost twice the average for emerging-market corporate debt. The junk-rated securities sank to a record low last year on …
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