Bancomext, the Mexican government's export-import bank, set a new benchmark in November when it issued the first peso issue that can be traded by international investors.
Pemex, Mexico's national energy company, earns billions of dollars a year. But that prodigious wealth is vanishing
because the government has failed to feed its exploration
A federal guarantee for a securitization of real
estate development loans is a significant step in Mexico's
evolution to capital markets-based mortgage
With the purchase of Grupo Bital, HSBC finally has the anchor it has wanted in Mexico for several years.Meanwhile, the feisty Bital is getting a much-needed boost to its balance sheet.
After providing a solid supply of money for Latin American bond issuers, the yen market snapped shut last August. Only the Mexican state electricity company has been able to break in.
President Vicente Fox has been unable to overcome the
political obstacles to many of his vaunted reform plans. Still,Mexico has largely avoided South America's malaise and remains a regional economic powerhouse.
Nearly all Mexico's banks are foreign-owned now, and the financial system is fully recovered from the financial crash of 1995. But lending remains feebele in a country desperately in need of credit.
A Sub-investment grade Mexican railroad company took advantage of an openeing in the US junk bond market to issue $180 million worth of 10-year paper.
There are small signs that Mexico's competition authorities are beginning to stand up to the rich and powerful bosses who have defied control for years. But the regulators have a hard battle ahead of them.
Jan 16, 2014 | New York City
The preeminent social affair for key players in the Latin American financial and capital markets....
Feb 12, 2014 | The Pierre, New York City
Connects high-yield and soon-to-be issuers from Latin America with investors from across the...
Mar 6, 2014 | The Four Seasons, Mexico City
The only capital markets event in Mexico where more than 60% of participants are issuers and...
Mar 26, 2014 | Hotel Unique, São Paulo
Exploring all the aspects of debt financing for Brazilian corporate, financial, sovereign and...
Who do you expect to be treated better in the resolution of the OGX situation?
"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."
Julio Velarde, Peru central bank
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