Senior Credit Analyst - Emerging Markets, EM Spreads

Leandro Gubler

EM Spreads is an independent credit research service specializing in Emerging Markets, primarily focusing on Latin American issuers.

Senior Credit Analyst - Emerging Markets

EM Spreads

Credit

<ul>
<li>EM spreads hold steady, while LatAm spreads expand 5 bps. </li>
<li>Brazil’s economic growth is expected to slow after four years above 3%, as persistent inflation, tight monetary policy, and limited fiscal adjustment weigh on the outlook. </li>
<li>Minerva Announces Divestment of Uruguayan Asset to Allana / YPF Advances Divestment Strategy to Prioritize Vaca Muerta Development / CSN Cimentos Brasil Finalizes Terms of R$550 Million Debenture Offering</li>
</ul>


EM spreads hold steady, while LatAm spreads expand 5 bps. 
Brazil’s economic growth is expected to slow after four years above 3%, as persistent inflation, tight monetary policy, and limited fiscal adjustment weigh on the outlook. 
Minerva Announces Divestment of Uruguayan Asset to Allana / YPF Advances Divestment Strategy to Prioritize Vaca Muerta Development / CSN Cimentos Brasil Finalizes Terms of R$550 Million Debenture Offering


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