Use Advanced Search to look up articles by date, topic and region.
Argentina
The 2020 bond from Aeorpuertos Argentina 2000 sold Wednesday should have at least 2.4 points of upside, Barclays says in a report. The shop notes the bonds hit 104.5 in s...
Mexico
Moody's has downgraded the ratings of Mexico-based telephone company Maxcom’s corporate family and senior unsecured debt to Caa1 from B3. The outlook is negative. The cut...
Brazil
Fitch has assigned a BB minus rating to the proposed 2016 BRL250m debentures of Brazilian logistics company Julio Simoes. The outlook is stable. The ratings reflect the c...
Funds
Global PE firm Advent International is opening an office in Bogota in January, says managing partner Patrice Etlin. Although he still expects Advent's LatAm investments t...
Chile
As expected, Chile's central bank tightened its rate by 25bp to 3.25%, citing a favorable evolution in industrial activity, consumer demand and employment rates and a low...
Mexico’s Exploraciones y Perforadora Central is planning to buy back 2 series of export ship financing bonds, it says. It is seeking to retire the bonds, using cash on ha...
Brazilian real estate developer Tecnisa plans to raise about BRL500m through the sale of additional shares, it says. Tecnisa hopes to increase the liquidity of its shares...
Mexican micro lender Banco Compartamos has extended to December 23 from December 16 its offer to swap shares in is operating company for shares in its holding company, it...
Brazilian iron ore miner Samarco is heard to have closed a $400m 5-year club deal this week, according to bankers with knowledge of the transaction. SMBC, HSBC, BNP, RBS ...
Colombia
Ruta del Sol has received a project finance syndicated loan for $763m equivalent in Colombian pesos from a group of lenders, via la Corporacion Financiera Colombiana, say...
Concesionaria Mexiquense (CONMEX) on Wednesday said it signed a 16-year MXP2bn contract for a subordinated loan. The loan to the subsidiary of OHL Mexico, a transport inf...
Economy & Policy
The Municipality of Cuautitlan Izcalli will receive a MXP71.5m 15-year enhanced loan from Interacciones. The loan will pay a spread of 235bp over TIIE and is payable thro...
M&A
Grupo Fleury has acquired Labs D’Or for BRL1.04bn in a cash and stock transaction. According to the Brazilian lab company, the acquisition will be paid 50% in cash and 50...
DIRECTV has acquired an 18.9% stake in SKY Brasil for $604.8m, bringing its total ownership to 93%, according to the company. DIRECTV, the US-satellite TV company, acquir...
US-based shipping company FedEx says it is buying Mexican express package delivery company MultiPack for an undisclosed price. MultiPack operates in all 31 Mexican states...
Equity
LatAm’s last IPO of the year, Droga Raia, has priced a BRL655m IPO, the first Brazil float of the year to land at the top of its range. The Brazilian drugstore chain pric...
Brazil Bonds
Brazil’s government enacted several changes aimed at stimulating the local debt markets. Among the announced changes, the IOF tax on debentures will be eliminated. This d...