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Daily Brief

Dec 13, 2012 Issue

Aliansce Shares See Strong Bid

Brazil Equity

Brazil’s Aliansce has priced a BRL448m ($216m) equity follow-on, coming at a 2.5% discount. What should be the last marketed Brazilian equity deal of 2012 was heard more ...

BB Gets China Nod

Brazil China Bonds

Banco do Brasil has received authorization to operate as a bank in China, a bank spokesman says. The bank previously had a representative office in the country, and now l...

Chile Seen Holding Rates

Chile Economy & Policy

Chile’s central bank is largely expected to hold the benchmark interest rate at 5.0% when it meets today. “The statement will likely mention the recent strong activity da...

Chilean Bank Closes Asian Loan

Chile Asia Loans

Chile’s BCI has closed a 2-tranche, $115m syndicated loan in Japan, it says. Each tranche is two years, and the spread is Libor+168bp on an all-in basis, says a person fa...

Davivienda Eyes More International Debt

Colombia Bonds

Colombia’s Banco Davivienda has received board approval to issue $300m in the international bond markets, it says. In June, Colombia’s third-largest bank saw 6x demand fo...

Emgesa Still on Deck

Colombia Bonds

Emgesa is expected to issue up to COP300bn ($166m) in Colombia’s domestic bond market today, after originally aiming to price Wednesday. The generation company is able to...

Interacciones Set for MXP Bond

Mexico Bonds

Mexico’s Grupo Financiero Interacciones plans to issue a new MXP1.5bn ($117m) 2015 bond in Mexico’s domestic market today. Price talk is TIIE+135bp-area and proceeds will...

LatAm Structured Credit Strong in 2013: Moody’s

Argentina Brazil Mexico

The credit quality of new structured finance transactions in Argentina, Brazil and Mexico, LatAm’s three most important securitization markets, should be strong in 2013, ...

Macquarie Aims Fibra

Mexico Equity

Macquarie’s Mexican real estate operation is scheduled to price an IPO for its Fibra fund today, targeting more than $1bn. The sale was heard with covered books as of Wed...

Mexican Toll Road Preps Domestic Debt

Mexico Bonds

Grupo Ideal’s Tijuana-Mexicali toll road concession has filed a program to raise up to MXP10bn ($786m) in Mexico's domestic bond market, according to a filing. It plans t...

Tuscany CEO Resigns

People Corporate & Sovereign Strategy Brazil

Reg Greenslade has resigned as president and CEO of Tuscany International, the drilling specialist says. He is to step down February 3 “in search of other business opport...