Daily Brief

Dec 22, 2015 Issue

Moody's downgrades Magnesita

Brazil Bonds

The Brazilian refractories producer faces uncertainty from weak steel industry

HSBC Mexico appoints CEO as Pena moves up

People Corporate & Sovereign Strategy Mexico

HSBC’s Mexican unit brings in new CEO

Metrobarra issues one year note

Brazil Bonds

Subsidiary of Brazilian infrastructure operator Invepar privately places local debenture

Xignux to sign bilateral loan

Mexico Loans Bonds

The Mexican industrial consortium is close to finalizing six-year facility

Peruvian port JV signs loan

Peru Loans Bonds

Grana y Montero Petrolera and Oiltanking Peru joint venture agrees loan with local lender

Pemex prudent over its maiden Fibra E issuance

Mexico Equity

Mexican oil company targets launch midway through 2016

Advent increases stake in Argentine lab

Argentina Funds M&A

Private equity-owned biopharmaceuticals unit Grupo Biotoscana will merge with Laboratorio LKM

Fitch takes action on Brazilian banks

Brazil Bonds Corporate & Sovereign Strategy

Ratings are cut after the sovereign is downgraded to junk

Pacific E&P renegotiates loan covenants

Colombia Loans

The company seeks to extend waivers

Colbun-led group buys power company in Peru

Peru M&A

The Chilean firm will own 51% of Fenix Power

Gavio buys in to Brazil’s EcoRodovias

Brazil M&A

The Italian firm will share control of the toll road operator.