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View Full Version : Latin Junk Issuers Face ‘Elevated' Costs, Fitch Says - Bloomberg



NewsWhore
05-04-2009, 04:40 PM
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Latin Junk Issuers Face ‘Elevated&#39; Costs, Fitch Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DajkA945jiLyI%26refer%3Dnews&cid=0&ei=oFT_Scb_Apju7AOGluX-Bw&usg=AFQjCNE7c14TzRB075_zNL8uOTDVU_hp1A)
Bloomberg - Fabio Alves (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Fabio Alves%22&hl=en&ned=us&ie=ISO-8859-1)
Declining revenue and losses stemming from currency derivatives forced Mexican papermaker Corporacion Durango SAB to file for bankruptcy in October and glassmaker Vitro SAB to default on more than $1.2 billion of debt last month. ...


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