Last quote by Sean Newman
Sean Newman quotes
The swap looks like it would be more appealing to locals than foreign investors, given the 1:1 ratio in addition to the uncertainty over the value claims on Citgo.
We will see more opportunistic financing versus more immediate funding needs.
It is quite prudent of the government to take advantage of global interest rates to take out (expensive) debt.
Mexico remains a high quality story so you wouldn't expect them to offer a massive amount of concession. (But) we think it only makes sense at 210bp.
There are few more holdouts but having Elliott on board paves the remaining holdouts to fall in line.