Daily Brief

Oct 25, 2019 Issue

Citi names LatAm chief Jane Fraser as president

Asset Management Capital Markets People

Ernesto Torres Cantu, CEO of Citibanamex, named as Fraser's replacement in Latin America

Arauco prices two-part bond deal

Asset Management Bonds Debt

Chilean pulp producer sells $1 bln in 10- and 30-year notes to fund a bond buyback and expansion plans

NDB lends to climate fund in Brazil

Loans Project & Infrastructure Finance Debt

BRICS development bank supplies $500 mln for public transit, waste treatment and renewable energy projects

Renova names new CEO

People Debt Energy

Restructuring specialist Marcelo Milliet replaces Cristiano Barros at the renewable energy company that filed for bankruptcy earlier this month

Liverpool lines up local notes

Bonds Debt Capital Markets

Mexican department store chain looks to raise $260 mln in the latest deal in its $1.6 bln bond program

Colombian toll roads secure more financing

Loans Project & Infrastructure Finance Debt

Accenorte receives an $88 mln loan from Bancolombia, while Sacyr gets a $90 mln bridge loan for the Pamplona-Cúcuta highway

Chubut sells notes ahead of presidential election

Asset Management Bonds Debt

Argentina's southern oil-producing province raises more funds than expected before a potential tightening in access to capital markets

Retail investors rush to Banco do Brasil share sale

Equity Funds Asset Management

State-owned lender receives $1.7 bln in orders from individual buyers in a $1.5 bln follow-on offering