Daily Brief

May 29, 2020 Issue

FACTBOX 5/29/20: Latin America moves to mitigate impact of COVID-19  

Economy & Policy Latin America Coronavirus

UPDATE: IDB approves $250 mln loan to address the COVID-19 pandemic in El Salvador

US-based LatAm equity funds see inflows, break 11-week negative streak

Capital Markets Equity Funds

Lipper data shows US-based funds' AUM surge nearly $1 bln on fresh inflows and market rise

Rumo looks to finance railroad expansion

Project & Infrastructure Finance Debt Capital Markets

Brazilian logistics company plans to raise $278 mln in the second quarter for the renewed Malha Paulista concession

LatAm, Caribbean countries call for new governance, rules for financing  

Capital Markets Corporate & Sovereign Strategy Caribbean

Countries calling for change, COVID-19 related or not

NDB elects Brazilian economist as new president

People Loans Project & Infrastructure Finance

Marcos Troyjo will lead the BRICS development bank for five years

CCR, Iguatemi come to Brazilian bond market

Debenture Debt Capital Markets

Infrastructure company and mall operator raise $185 mln for working capital

Grimoldi reaches restructuring deal with bondholders  

Debt Bonds Capital Markets

Argentine shoemaker takes steps to recover from default as other companies struggle

IIF outlines debt relief for poor countries  

Debt Economy & Policy Loans

Private creditors could suspend payments through the end of the year to free up funds for the coronavirus crisis

El Salvador gets emergency funds from IDB  

Loans Coronavirus Debt

Central American nations secures another $250 mln for a $2 bln coronavirus recovery fund

Canada's Touchstone refinances debt in Trinidad

Loans Energy Gas

Republic Bank could distribute the $20 mln loan in the secondary market after it is fully drawn