Daily Brief

Dec 14, 2016 Issue

Analysts cast positive outlook for Argentina in 2017

Argentina Economy & Policy Corporate & Sovereign Strategy

But Macri must address the country's fiscal deficit, as midterm elections near

Falabella sells local notes

Chile Bonds

Chilean retailer raises $240m in peso and UF-denominated debt

Multiplan preps CRI issue

Brazil Bonds

Brazilian shopping center developer plots a $90m transaction

Gol reaches plea agreement

Brazil Economy & Policy

Brazilian airline admits to wiring money to companies tied to former Congress speaker Eduardo Cunha

Oi asks to sell Timor Telecom stake

Brazil Corporate & Sovereign Strategy M&A

Canada's Investel makes a $62m offer for the East Timor phone carrier

Enap acquires full stake in Petropower

Chile M&A

Chile's state-owned energy company buys 85% in the cogeneration power plant operator

Playa gets capital injection, culls IPO plans

Mexico Caribbean Jamaica

Mexican hotel operator gets $500m from Pace Holdings, an SPV owned by private equity firm TPG

Oil, mining names talk bonds

Brazil Chile Mexico

LatAm commodity-related companies see their bonds tighten amid an uptick in oil, iron ore prices

BNDES expands refi lines for SMEs

Bonds Structured Finance Loans

Brazil's national development bank raises the revenue limits for eligible companies and bases the credit on the TJLP long-term lending rate

Banobras coordinates Red Compartida financing

Bonds Structured Finance Mexico

Mexican development bank leads a $650m A loan and opens a $850m B loan to commercial lenders

Localiza completes debenture sale

Brazil Bonds

Brazilian car rental company raises $151m in local bond market