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LatAm Corporate Capex To Trend Upward, Despite Regional Challenges

Fitch Ratings | 
Latin American non-financial corporates significantly reduced capex in 2020 as the financial effects of the coronavirus pandemic motivated issuers to boost liquidity. Aggregate capex across roughly 200 cross-border issuers in the region declined 26% to $84.8 billion, as revenue fell 15% to $870.2 billion. Aggregate capex/revenue fell to 9.7% from 11.2% illustrating the conservative stance […]
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