LatAm rallies on Petrobras results, higher oil prices

April 23, 2015 9:50 PM

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NEW YORK, April 23 (IFR) - Rallying US stock markets, higher oil prices and optimism over embattled oil company Petrobras all helped to lift LatAm credit prices higher on Thursday.

Improving sentiment proved fortuitous for both Argentine oil company YPF and Chilean utility Guacolda which benefited from multi billion dollar order books for their bonds today.

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