Daily Brief

Oct 31, 2019 Issue

Brazil's central bank sees more rate reductions

Regulation Economy & Policy Capital Markets

Monetary policy committee says another 0.5% cut is likely after it lowers the Selic for the third time in a row to 5%

Elecnor wind business issues notes in Brazil

Debt Capital Markets Debenture

Spanish developer refinances a 375 MW project with $80 million in infrastructure debentures

Argentina accepts another IDB loan

Loans Debt Economy & Policy

Outgoing government borrows $600 million for social programs from the regional development bank

IDB funds agricultural financing program in Paraguay

Loans Debt Paraguay

Regional development bank approves $30 million to increase access to loans for farmers

PDVSA ad-hoc board sues bondholders

Bonds Debt Capital Markets

Opposition-aligned directors, appointed by Juan Guiadó, ask a US court to declare the state-owned oil company's 2020 notes null and void

Lopes completes share sale

Equity Capital Markets Brazil

Brazilian real estate company earns $37 million in a follow-on offering on the B3 stock exchange

AES Gener division follows through with bond deal

Bonds Debt Capital Markets

Empresa Eléctrica Cochrane prices $430 million in 7.5-year notes at 5.5%, making up for a larger deal that it cancelled in October last year

Watt's raises funds to pay off debt

Bonds Debt Capital Markets

Chilean food and wine company issues $37.5 million in 10-year, inflation-linked notes in the local market

Argentina's next finance minister faces daunting to-do list

Economy & Policy Politics Regulation

President-elect's finance team must first fix sovereign debt crisis