IFR International - 03.11.2018

Top news

Investors cast doubt over Mexico’s

policy direction after airport shock

„ Emerging Markets Buyside gets set for US$6bn debt negotiation following airport cancellation

BY PAUL KILBY

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Evergrande chairman lends a hand

„ Emerging Markets New structure, generous coupons and chairman’s purchase draw attention

BY CAROL CHAN

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Source: Refinitiv

75

80

85

90

95

100

105

Sep 17 Dec 17 Mar 18 Jun 18 Sep 18

MEXICO CITY AIRPORT US$3bn 2047s

BID PRICE

“Although the

market has expected

Evergrande to come to

the market for a long

time, no one thought it

would come out in such

a market, especially

after the recent plunge

of its bonds”