Daily Brief

Jun 01, 2020 Issue

FACTBOX 6/1/20: Latin America moves to mitigate impact of COVID-19  

Economy & Policy Latin America Coronavirus

UPDATE: Brazil extends restrictions on bank dividends, executive pay; Chile gets $23.9 bln from the IMF

Colombia cuts rate to historic low  

Economy & Policy Regulation Barbados

Central bank sticks to a countercyclical monetary stance and lowers the benchmark by 50 bps to 2.75%

Karsten postpones debt payments

Debt Corporate & Sovereign Strategy Fixed Income

Brazilian textile company looks to preserve cash by delaying payments until next year

Triunfo, Porto Sudeste put off BNDES loan payments  

Loans Corporate & Sovereign Strategy Debt

Brazilian infrastructure company and port operator negotiate standstill agreements to ease financial pressure from the coronoavirus pandemic

Cresud lines up dollar-linked bond sale

Bonds Asset Management Debt

Argentine agriculture firm seeks up to $200 mln in 18-month notes as demand for dollars runs high

IMF extends credit line to Peru  

Debt Corporate & Sovereign Strategy Economy & Policy

Multilateral lender grants $11 bln to buttress confidence during the coronavirus pandemic

Argentina, creditors detail new proposals  

Bonds Debt Capital Markets

Government warns challenges remain in talks to restructure $66 bln in debt after one counteroffer was rejected

Recaudo Bogotá restructures debt

Debt Loans Corporate & Sovereign Strategy

Supersociedades brokers an eight-year deal between the Colombian fare collection company and its creditors

IDB taps Japanese investors in three-part bond deal  

Bonds Debt Capital Markets

DC-based development bank raises $17 mln in Brazilian reais, Mexican pesos and Indian rupees for emergency financing