With the primary market appearing shut for all but the boldest EM issuers over the coming weeks, some credits are finding their funding options severely squeezed in the face of a daunting repayment schedule. The coronavirus pandemic has sent markets into a tailspin, while oil-linked economies are taking a battering thanks to a collapse in the commodity's price, which has nearly halved in March to US$27 a barrel for Brent futures.
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