Daily Brief

Dec 23, 2016 Issue

Entel Peru names new GM

People Corporate & Sovereign Strategy Chile

Ramiro Lafarga will replace Sebastian Dominguez as general manager of the Chilean telecom’s Peruvian business

Moody's downgrades BCR

Bolivia Corporate & Sovereign Strategy

Bolivian bank gets cut a notch after a change in ownership

PDG Realty skips interest payment

Brazil Corporate & Sovereign Strategy

Brazilian real estate developer says it is negotiating with noteholders to come to a solution

US petchem picks up Aditivos Mexicanos

Mexico M&A United States

NewMarket agrees to buy the Mexican firm for $183m

Inchcape inks agreement for Indumotora

Chile Europe M&A

British automotive distributor picks up Chilean peer for $244m

Petrobras seals Total deal

Brazil M&A

Brazil's state-owned energy company agrees to sell $2.2bn in assets to the French oil and gas firm

Bayer sells CRAs

Brazil Bonds

Brazilian arm of the German pharmaceutical company raises $78m in 2020 securities

Bond markets poised for Q1 pickup

Argentina Andean Central America

El Salvador, AA2000 and Petrobras earmarked for early bond sales, sources say

Investors bemoan "dire" Belize bond restructure

Belize Bonds

Sovereign faces tough time convincing bondholders on revising 2038 debt with a coupon payment due in less than two months

Banco de Chile sells yen notes

Chile Asia Japan

Chilean lender raises $85m in a five-year private placement in Japan

Banco ABC Brasil gets IFC financing

Brazil Loans Bonds

Brazilian bank will use $175m in funding to increase SME and renewable energy loans

Grupo Gloria receives syndicated loan

Peru Loans Bonds

Citi, Interbank and Cofide chip in for $67m in financing for the Peruvian conglomerate

IIC backs Argentine wind farms

Argentina Loans Project & Infrastructure Finance

Multilateral lender could co-finance or provide A/B loans for three projects in the RenovAr renewable energy plan