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Daily Brief

Dec 07, 2012 Issue

Brazilian Software Specialist Preps IPO

Brazil Equity

Linx, a Brazilian provider of software to the retail sector, is preparing to go public, according to regulatory documents. The IPO is to include primary shares as well as...

CMPC to Visit ECM, DCM

Chile Equity Bonds

Empresas CMPC plans to sell bonds and raise equity capital in 2013, it says. The need comes after the Chilean pulp and paper company received final board approval to star...

EFE Brings Size Back to Chilean Market

Chile Bonds

EFE has issued UF7.8m ($373m) in domestic bonds, giving the Chilean local market its largest sale in at least three years. The state railway company priced the 2037 bulle...

Emgesa Powers toward Local Issue

Colombia Bonds

Emgesa is planning to issue up to COP300bn ($166m) in Colombia’s domestic market on December 12, with the ability to upsize to COP500bn, it says. The generation company’s...

Equatorial Due to Price Share Sale

Brazil Equity

Brazil’s Equatorial Energia was expected to emerge with a price for its equity follow-on by this morning, targeting a transaction of more than $600m. Books were heard to ...

Gruma Moves to Block Chico Pardo

Mexico M&A

Gruma plans to use its right of first refusal to purchase a 23% stake of itself owned by Archer Daniels Midland (ADM) that the US agriculture operator had agreed to sell ...

Hites Taps Private Placement

Chile Bonds

Chilen retailer Hites has issued a UF1m ($48m), 2017 6.2% bond in a private placement, according to sources following the sale. The proceeds will be used for investment a...

Mexican Pepsi Bottler to Sell Shares

Mexico Equity

Grupo Embotelladoras Unidas, a Mexican Pepsi bottler that is changing its name to Cultiba, has filed for an equity offering. The issuer plans to sell primary and secondar...

MPX Hooks BNDES Project Funds

Peru Loans Project & Infrastructure Finance

MPX is to receive a BRL888m ($423m) project financing package from BNDES, the Brazilian power generator says. Proceeds would go toward construction of the Usina Termeletr...

Nafin Retaps for MXP2bn

Mexico Bonds

Mexico’s Nacional Financiera (Nafin) has reopened its 2022 bonds for MXP2bn ($155m), after receiving 1.5x demand, says a banker on the deal. The 5.69% coupon bond reopene...

Paraguayan Dials in Robust Demand

Bonds Paraguay

Telefonica Celular del Paraguay (Telecel) has priced a $300m 2022 NC5 bond in a debut transaction that signifies a continued broadening of DCM access for Paraguayan credi...

Peru Holds Rates

Peru Economy & Policy

Peru’s central bank has held its reference rate at 4.25%, in line with market expectations. It cites declining inflation and ongoing uncertainty in the larger marketplace...

Porcao Slices off Domestic Bond

Brazil Bonds

Restaurant operator Brasil Foodservice Group (BFG) has completed the raising of BRL600m ($286m) in Brazil's domestic bond market, according to Anbima. The 2020 inflation-...

Scotia Peru Lands Tier 2

Peru Bonds Structured Finance

In its international DCM debut, Scotiabank Peru has raised $400m in new 2027 NC10 Tier 2 bonds, while getting $2.3bn in demand from at least 170 accounts. The Bank of No...