Daily Brief

Sep 23, 2022 Issue

Monómeros gets new management

People Regulation Venezuela

Venezuela replaces officials at the fertilizer business in Colombia after regaining control from the opposition

Sencorp seeks bankruptcy protection

Debt Loans Regulation

Chilean real estate developer has $240 mln in debt

Elektra to refinance debt in local bond market

Bonds Debt Funds

Mexican retail and financial services group could raise up to $276 mln in a three-part deal

Movida makes first acquisition abroad

Corporate & Sovereign Strategy Equity M&A

Brazilian car rental company agrees to pay $66 mln for Drive On Holidays in Portugal

HSBC misses another bond payment in Mexico

Credit Ratings Bonds Debt

British bank's local branch says poor performing mortgages make it difficult to generate enough cash to make payments

CAF sets out on non-deal roadshow

CAF International Financial Institutions Fixed Income

South American development bank has hired JPMorgan and Barclays to arrange meetings next week with investors in London, New York and California

OldelVal to make bond debut

Bonds Debt Fixed Income

Argentine oil company wants to raise $500 mln to finance a pipeline project

Brazilian bank profits may fall after election

Corporate & Sovereign Strategy Economy & Policy Brazil

Bank of America executive says an increased role for state-owned lenders could erode earnings in the sector, but not everyone shares the same concerns

LATAM talks pricing for dollar bonds

Corporate & Sovereign Strategy Bonds Debt

Chilean airline puts IPTs between 13% and 13.25% for $1.5 bln in five- and seven-year notes, source says

El Salvador intends to repurchase remaining bonds

Corporate & Sovereign Strategy Bonds Debt

Central American nation plans to make another offer to buy back 2023 and 2025 bonds at market prices within two months, president says

Toyota gets green loan in Mexico

Loans Debt Mexico

Japanese car maker's financing division borrows $225 mln from BBVA to fund loans for hybrid vehicles