Greetings from Cartagena, Colombia! I am here to give a talk on prospects for increased issuance in the US convertible market by Latin American companies. I thank both my colleague Curt Peters, who has spent a substantial amount of time on this continent, and my good friend Rick Hochman for giving me useful information in preparing for the talk.
Speaking of Rick, contrary to popular opinion, he does not collect royalties every time we mention our HOCS rating system. But maybe he should.
We continue this week with our HOCS 20 list, including comments on a couple of the key members. We hope you all had a happy Thanksgiving, with as high a ratio as possible of eating well versus family squabbles. Maybe that will be our next risk measure.