Daily Brief

Dec 24, 2015 Issue

Moody’s rates Prudential Mexico

Mexico Corporate & Sovereign Strategy

Mexican insurer rated for first time by Moody's

Fitch downgrades seven Brazilian states and cities

Brazil Corporate & Sovereign Strategy

Ratings cut comes after Fitch cut to sovereign

Evercore Mexico names new CEO

Mexico People Bonds

Pedro Aspe remains president of the boutique, while managing director takes over as chief executive

Moody’s withdraws Gicsa's ratings

Mexico Bonds Corporate & Sovereign Strategy

Agency pulls evaluation of real estate developer for business reasons

S&P downgrades Cemig

Brazil Bonds Corporate & Sovereign Strategy

Weak currency and expiring concessions to hurt Brazilian company's bottom line, says S&P

Arteris subsidiary agrees BNDES repasse

Brazil Loans Bonds

Brazilian toll-road concessionaire Autopista Fernao Dias gets BNDES funding

OSX gets new round of DIP financing

Brazil Loans Corporate & Sovereign Strategy

Brazilian oil provider will use funds toward judicial reorganization

IEnova adds to club loan

Mexico Loans Bonds

Mexican energy company increases size of deal agreed in August

Colombia sets January date for Isagen auction

Colombia M&A

Foreign corporates circle Colombian government’s Isagen stake, which will be auctioned on January 13

Saudi agri-investor agrees 20% Minerva stake

Brazil Middle East M&A

Saudi Agricultural & Livestock Investment plans to inject $188m into Brazilian meat exporter

SMBC spells out strategy for Brazil boost

Brazil Loans Structured Finance

Japanese bank aims for leadership position in the Brazilian project finance market, says new chairman

Falabella studies local, international markets for funding

Chile Bonds

Chilean retailer plots growth in Colombia and Peru next year, but says most new investment will be financed through revenue