Brazil

Portugal Telecom has sold its 28.78%...

Vila Rica I Fundo de Investimentos...

Israel-based Elbit Systems says it has...

BR Properties has acquired a portfolio...

Biggest, tightest, longest, cheapest. Superlatives abound when describing LatAm capital markets and advisory for the last 12 months, and many bankers expect the good times to continue rolling.

Rekindling Loans International banks are eager to re-enter the LatAm bank market. But cost of funds, spread compression and better DCM terms will keep a lid on volume.

Revived European debt woes put a lid on last year’s bumper DCM volume, which was fuelled by unprecedented fund inflows and tantalizingly low rates for borrowers.

After a turbulent 2010, equity bankers and investors are hoping for a smoother 2011, with continued strong volume.

Energisa is planning to issue a...

After suffering derivative losses in the 2008-2009 crisis, Brazil’s Aracruz Celulose was purchased by Votorantim Celulose e Papel.

In the year to November 29, a total of 1,221 M&A deals worth $244.6 billion involving a LatAm acquirer or target had taken place, according to Dealogic.

It was Santander Chile’s turn to...

In June, UK-based private equity giant Apax Partners, through its Dethalas vehicle, closed on its first investment in Brazil.

Brazilian real estate developer Tecnisa has...

Brazil’s BR Malls is out with...

Colombia paved the way for LatAm issuers in April with an $800 million 2021 equivalent global TES bond. It braved the market to issue the first global local currency deal from LatAm since 2007, according to Dealogic.

Brazil’s government is considering the sale...

BNDES agreed to a BRL1.2bn financing...

Love it or hate it, there was no avoiding the giant, black, viscous elephant in the room of LatAm equity last year.

Brazil’s Banco Cruzeiro do Sul is...

Bradesco is looking to raise BRL1.5bn...

The resurgence of Brazilian perpetual bond...

Neoenergia has acquired EnergyWorks of Brazil...

Brazil's state development bank, the BNDES,...

Fitch has improved the outlook of...

Brazil’s BNDES has become a regular in the DCM after returning in 2008 from a 10-year hiatus.

Cielo has named Clovis Poggetti as...

China Investment Corporation’s involvement in a consortium buying part of Brazil-based BTG Pactual marks a shift into financial assets for China.

Late 2009 and 2010 will be remembered as a period when equity issuance returned to LatAm with mixed results.