UPDATE: Argentina exempts healthcare workers, armed forces, security personnel from paying income tax from March to September
Category: Daily Brief
S&P cuts Costa Rica on policy uncertainty
Rating agency also casts a negative outlook as Costa Rica feels the strain of its COVID-19 response and rapid rotation of finance ministers
Rio starts Cedae concession
State government aims to announce a deal by the end of the year
Raízen shapes local debt sale
Brazilian ethanol producer will issue $220 mln in debentures to fund a CRA deal
IDB raises another $4 bln for coronavirus response
Latin American development bank closes the orderbook for new five-year notes at $5.75 mln
FEATURE: Argentina’s proposed takeover of Vicentín spooks investors
Expropriating the agribusiness would be the latest in a series of seizures, but the tanking economy is more worrying
El Salvador lands more IDB funding
Central America’s most densely populated country gets $250 mln to address the health and economic effects of COVID-19
Log-In names new CEO
Brazilian logistics company selects Marcio Arany da Cruz Martins to take the helm in July
Indusval asks to buy out minority shareholders
Brazilian bank says it will set a price per share on July 13
CSAV lines up $350 mln share sale
Chilean shipping company plans to issue new stock to pay off short-term debt from a share increase in Germany’s Hapag-Lloyd