LatAm corporates eye China for bonds and swaps

Latin lessons

latin-dance
China is dancing to a Latin beat

America Movil usually only makes waves outside its Mexican home market when the global rich lists are published and its owner, Carlos Slim’s, billions are totted up. But news in February that the telecoms firm had become the first Latin American firm to tap Hong Kong’s dim sum bond market, if not overshadowing the mogul’s $49 billion fortune, drew temporary attention away from it.

The sum involved was small: some 1 billion yuan ($160 million), with demand double the amount on offer, but with

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