Daily Brief

Sep 15, 2022 Issue

Aguas Andinas earns investment grade rating

Credit Ratings S&P Global Bonds

S&P gives the Chilean water company an A- on expectations of positive cash flow in the coming years

YPF Luz to invest $200 mln in solar project

Corporate & Sovereign Strategy Debt Bonds

Argentine power company has suggested it may raise debt for expansion

Nexus takes Colmena acquisition to court

M&A Corporate & Sovereign Strategy Healthcare

US private equity firm asks Chile's highest court to allow the takeover of the health insurance company

Caixa insurance division sells stakes in subsidiaries to CNP

Corporate & Sovereign Strategy Economy & Policy Equity

Caixa Seguridade says it stands to receive $130 mln from its French partner

Chilean banks tap local bond market

Bonds Debt Fixed Income

Bci, Scotiabank and Banco Internacional take advantage of increasing investor appetite for debt

Mexarrend takes out loan to refinance bond

Loans Funds Bonds

Mexican asset-based lender borrows $30 mln from Banco Azteca to pay off debt that matures next month

Fibra Mty sells shares in 'challenging' market

Credit Ratings Bonds Debt

Mexican REIT raises $173 mln to develop industrial real estate projects

Kamino plots course for fundraising round next year

Corporate & Sovereign Strategy Funds Brazil

Brazilian fintech has a "long runway" after raising $6 mln in pre-seed financing in March, co-founder says

OldelVal lines up pipeline expansion

Corporate & Sovereign Strategy Argentina Oil

Argentine oil company plans to invest $750 mln financed by contracted sales

EMM eyes sustainable bond sale

Corporate & Sovereign Strategy Bonds Debt

City-owned transit system in Medellín aims to raise $79 mln to pay off debt

Volkswagen names new head for South America

People South America Central America

Alexander Seitz replaces Pablo Di Si and takes charge of the German carmaker's operations in 29 countries, including Brazil and Argentina