Daily Brief

Mar 27, 2023 Issue

World Bank grants natural disaster loan to Costa Rica

World Bank Debt Loans

Multilateral lender approves $160 mln in "readily available" financing

Banco de Bogotá issues sustainable bonds

Corporate & Sovereign Strategy IDB Invest Bonds

Colombian lender sells $230 mln in 10-year notes to three development banks

Citi forms fund for Bayer in Brazil

Corporate & Sovereign Strategy Funds Loans

US bank structures a $114 mln FIDC with financing for customers of the German company's agricultural division in Brazil

Promigas subsidiary borrows in Peru

Debt Loans Colombia

Quavii gets $53 mln from Scotiabank to pay of short-term debt

Itaú increases stake in Equatorial unit

Corporate & Sovereign Strategy Equity M&A

Brazilian bank now owns 21% of the power company's distribution business

Durex drafts dollar bonds in Panama

Corporate & Sovereign Strategy Bonds Debt

Panamanian real estate developer could issue up to $70 mln in 10-year notes to fund current and future projects

BTG Pactual buys private bank in Luxembourg

Corporate & Sovereign Strategy Equity M&A

Brazilian investment bank spends $23 mln for FIS in what it calls a "milestone" deal in Europe

América Móvil, GAP print bonds in local market

Bonds Debt Funds

Mexican telco raises $667 mln in a three-part deal as the Guadalajara-based airport operator issues $293 mln in SLBs

Colombia puts price tag on Venezuela-owned fertilizer plant

M&A Economy & Policy Energy

State-owned oil company Ecopetrol could pay $300 mln to buy Monómeros in Barranquilla

Fibra Plus lines up asset sales

M&A Mexico Capital Markets

Mexican REIT could raise $141 mln to buy industrial and commercial properties

Banks hires JPMorgan to arrange Transbank sale

M&A Equity Digital Payments

Shareholders are looking to sell Chile's electronic payments processing company by the end of the year

Ultra Air lands financial lifeline

Equity Andean Latin America

Colombian budget airline receives a capital injection from shareholders after financial difficulties forced it to halt ticket sales

Grupo Bolívar signals Sura exit

M&A Asset Management Andean

Colombian financial services company plans to divest its 9.7% stake in Sura's asset management division

Votorantim, CPP Investments create energy transition company

Energy ESG Green Finance

Floen, a 50-50 joint venture, plans to acquire companies in green hydrogen, energy efficiency and other areas

Dilma takes charge of BRICS bank

International Financial Institutions Brazil China

Brazil's former president will lead the NDB until July 2025

Traxión cuts costs with new loan

Loans Mexico Debt

Mexican logistics company rolls over debt with a five-year, $325 mln facility