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blueblisters
on Oct 21, 2020
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Telecom auctions have failed India
It's very hard to forecast revenues from emerging markets - bondholders likely won't be able to stomach the risk of large infrastructure investments without any idea if/when they can breakeven.
amadeuspagel
on Oct 21, 2020
[–]
It's their job to figure out what risks to take, how much interest to charge, how to hedge.
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