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Markit updates issuers for CDX LatAm Corp, set to roll in two weeks
By Susanna Moon
Chicago, March 7 - Markit Group Ltd. said it updated changes for the upcoming Markit CDX.LATAM.CORP.19 index, which will roll on March 20.
The removals are Digicel Group Ltd., OGX Petroleo, Petroleos de Venezuela and URBI.
The additions are Banco Nacional de Desenvolvimento Economico e Social - BNDES, BBVA Bancomer, SA, Institucion de Banca Multiple, Grupo Financiero BBVA Bancomer, Celulosa Arauco y Constitucion SA and Odebrecht Finance Ltd.
Series 19 of Markit CDX LatAm Corp will be equally weighted, with each constituent weighted at 5%. Additionally, the quoting convention will change and the index will be quoted in spread.
The list remains provisional until publication of the final annex for the index.
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