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Post-workout Imexsa notes kept at corporate's junk ratings: Yet coupon-happy bondholders don't appear to mind

A recently closed restructuring of Imexsa's structured export notes appears to have pleased both investors and the steel producer, even with the new paper located several notches into junk territory. In September the Mexican corporate closed an exchange handled by Dresdner Kleinwort Wasserstein of US$62 million of 10.125% 2003s...

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