Some Emerging Corporates Look Like a Safer Bet than Governments
Growing numbers of emerging-market companies are borrowing overseas at cheaper rates than their countries of origin, a sign that sovereign risk is becoming less of a drag for the stronger,...
By Selcuk Gokoluk · Bloomberg Markets
Growing numbers of emerging-market companies are borrowing overseas at cheaper rates than their countries of origin, a sign that sovereign risk is becoming less of a drag for the stronger, export-focused names.