January 15, 2016
Latin America’s borrowers, issuers, investors and intermediaries tackled a highly dynamic market in 2015.
The Lava Jato investigation in Brazil, and Petrobras’ delay of audited financial results, shut the country’s borrowers out of international debt markets for much of the first half of the year. The remainder of the year was marked by high-profile arrests and political unrest in Latin America’s biggest economy, quashing a typically bountiful source of deal flow for the region’s investment banks.
Global factors did not help the rest of the region. Concerns over Greece’s potential exit from the Eurozone, a looming rate hike from the US Federal Reserve and volatility from China combined
A nimble, innovative approach to fickle markets helped Latin America’s most impressive institutions raise capital and execute strategic transactions in 2015. LatinFinance recognizes the stand-out deals and dealmakers for their resounding success during a difficult year