Daily Brief

Nov 21, 2019 Issue

Argentine companies put lid on investment during political transition

Corporate & Sovereign Strategy Economy & Policy Regulation

Executives wonder what the next administration will do to revive the economy and cut interest rates

Tietê Agroindustrial reaps new loan

Loans Debt Brazil

Brazilian agribusiness gets $360 mln from five banks to pay off debt

Colombia drops ISA sale

M&A Economy & Policy Energy

Finance Ministry withdraws an invitation for investment banks to present offers on how to structure the sale of the state-owned holding company

Éxito shareholders endorse sale to GPA

Bonds Debt Capital Markets

Colombian retailer agrees to become part of the Brazilian company as France's Casino reshuffles its South American holdings

Creditors reject bid for Clealco mill

M&A Debt Corporate & Sovereign Strategy

US investment fund Amerra had offered $47 mln for the Queiroz mill, but creditors balked at the price

Andrade Gutierrez proposes bond swap

Asset Management Bonds Debt

Brazilian construction company asks to exchange 11% 2021 notes for new 9.5% 2024s after calling off a buyback earlier this week

Panama tightens spreads on retap

Bonds Debt Capital Markets

Sovereign issuers adds $1 bln to its 2053s and $300 mln to its 2030s at lower rates than the initial issues