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Banxico's latest survey of analyst expectations shows that the market is not expecting a cut in the monetary policy rate. Analysts also upgraded their forecasts for real ...
EM bond funds received $341m in inflows in the week ended December 15, snapping a 3-week outflow streak, the first since Q1 09, as flows into funds with hard currency man...
Colombia
Colombia's central bank kept its rate on hold at 3.00%, in line with market expectations. The bank says inflation will end 2011 at 3.00% or lower, higher than its previou...
Caribbean
The IFC says it has arranged a $99m financing package for West Kingston Power Partners in Jamaica. The IFC is providing $22m. The remaining $77m is a syndicated loan. Fol...
Bonds Structured Finance
The IDB is extending a $200m loan to Jamaica. The loan will be used to strengthen the country’s fiscal policy. This is the second loan the IDB has granted Jamaica this ye...
Brazil
Brazil’s Drogasil is planning a 3-for-1 share split, it says. The split was to be reflected in trading today, and done through the distribution to holders of 2 additional...
Chile
HydroChile on Friday closed a $120m, 14-year club loan through Banco Espirito Santo to help fund construction and operation of a $220m hydro plant. Credit Agricole, BES, ...
Diagnosticos da America (Dasa) plans to buy back $218m (87%) of its outstanding 2018 bonds, it says, following the closing of a tender offer. The Brazilian medical diagno...
Funds
Colombia's Transportadora de Gas Internacional (TGI), a unit of Grupo Energia de Bogota, has received a $400m cash infusion from Citi Venture Capital International (CVCI)...
Mexico
Mexican conglomerate Alfa Friday signed a $600m 3-year syndicated loan, according to bankers with knowledge of the transaction. Credit Suisse and HSBC are the leads on th...
Sara Lee is considering selling itself to Brazilian meat producer JBS, according to the Wall Street Journal, which cites sources familiar with the situation. Based on Sar...
Anhanguera Educacional has acquired Sociedade Educacional Plinio Leite, for BRL56.9m in cash and BRL11.7m in assumed debt. The target operates Centro Universitario Plini...
Mexico-based chemical company Mexichem says it is acquiring US-based plastic compounding business AlphaGary for $300m in cash. The seller, Rockwood Holdings, will use pro...
Following last week’s closing of a MXP4bn certificado de capital de desarrollo (CCD) transaction, Mexican specialty finance institution Navix is planning to securitize th...
Equity Funds
EM equity funds have extended their current inflow streak to 29 straight weeks. They remain firmly on course to set a new yearly record, says EPFR Global. In the week end...