• Credit Default Risk in Latin America: A Regional Outlook
  • June 8, 2016 | Authors: Robert da Silva Ashley; Maria Luisa Canovas; Marcello Hallake; Pedro A. Jiménez; Javier L. Martínez del Campo
  • Law Firms: Jones Day - New York Office ; Jones Day - São Paulo Office ; Jones Day - Miami Office ; Jones Day - Mexico, D.F. Office
  • In our January 2016 Commentary, “Are You Ready for the Emerging Market Credit Bust?,” we noted that with emerging market debt levels soaring to unprecedented heights and the inevitable cross-border repercussions of defaults, creditors were going to need a well-planned, multijurisdictional strategy to avoid being outflanked by debtors and better prepared investors. This Commentary takes a broad look at the financial challenges facing the Latin American region generally and some of its important markets, and suggests creditors take stock of their current exposure and proactively prepare appropriate plans to protect themselves in the current climate.