Awaiting a meltdown: Bondholders bet on default as Venezuela faces billions in debt payments. Plus, Latin America’s equity markets turn around, Chile returns to the right and the 2017 Deals of the Year Awards.
Bonds Debt Capital Markets
Venezuela is edging closer to default on its foreign debt as vulture funds snap up the country’s bonds and push an acceleration clause for missed coupon payments
Capital Markets Equity Funds
A turnaround in the equity markets of Brazil and Argentina has set the stage for a transformational 2018. With economic reforms on the horizon, companies are telling inve...
As the transaction pipeline grows, investment banks in Brazil and Argentina see tighter races for mandates and a squeeze on fees. But simply hiring more staff may not be ...
Capital Markets Equity IPO
Mexico will have a second stock exchange in 2018, with promises to unlock fundraising options for more businesses in the country. But skeptics wonder if forming a new mar...
Despite still being mostly used for brownfield projects, project bonds are becoming a more attractive proposition to finance greenfield initiatives
Capital Markets Corporate & Sovereign Strategy Economy & Policy
After a decisive election victory, Sebastián Piñera has promised to unlock an investment logjam and revitalize Chile’s sluggish economy. Once again, he has the global eco...
With presidential elections on the horizon and the future of NAFTA uncertain, Mexico’s economy faces potential headwinds at the start of 2018. LatinFinance convened a gro...
Argentina diversified its investor base and pushed the boundaries with a surprising 100-year bond
Bonds Capital Markets Corporate & Sovereign Strategy
In an effort to reduce dollar debt, Peru explored the Euroclear market and international investors lined up
The state-owned Peruvian petroleum company attracted international investors with its first cross-border bond, achieving favorable pricing
Shrugging off concerns over NAFTA, the issuer emphasized the viability of its Spanish division to attract European investors
The Brazilian company ends a three-year absence from the international bond markets with a well-received green bond
The country’s first nominal fixed-rate global bond in local currency paved the way for Uruguay to fund itself entirely in pesos in 2017
The state-owned company uses a well-timed bond sale to keep chipping away at its debt load
IPO Equity Brazil
A return to form in Latin American equities saw this global retailer leverage good conditions to price the largest Brazilian IPO in four years
Equity Capital Markets Mexico
IEnova’s share price soared after announcing its follow-on offering, while a concerted effort to grow renewable power saw it snap up Mexico’s largest wind complex
M&A Electricity Renewable
Rapidly executed, quantifiably large, and attractive to all parties, the sale is the most noteworthy cross-border M&A of the year
M&A Project & Infrastructure Finance Colombia
The Colombian conglomerate executed a novel strategic acquisition that left it well-positioned to participate in one of Latin America’s deepest infrastructure pipelines
The Mexican cement maker taps a wide range of banks in a well-timed transaction
IPO M&A Mexico
The energy firm secured commitments from a wide array of investors to price an oversubscribed IPO and introduce a new asset class to Latin America
Bonds Corporate & Sovereign Strategy M&A
Sale helped maximize SunEdison’s Latin America assets, a key pledge by its CFO in bankruptcy filings
Loans Gas Argentina
Two thermal plants not only raised financing in the Argentine market, they also paved the way for additional issuers
Structured Finance Loans Argentina
A deal involving one of Argentina’s largest agricultural exporters highlights improving conditions for trade financing in South America’s third-largest economy
Healthy financing demands from Mexico to Brazil called for innovative legal advice
The law firm was omnipresent in Peru’s most visible financial transactions
An ongoing wave of sovereign and sub-sovereign bond issues provided a strong deal flow for Argentina’s law firm of the year
As Brazilian issuers return to the capital markets, a local law firm added personnel to handle the deal load
Ritch Mueller’s legal advice was noted across many of Mexico’s most important deals in 2017
Latin American issuers surpassed all expectations in the cross-border bond market last year, with 2017 breaking the record from 2015
M&A Brazil Mexico
Swiss bank completed transactions across borders and sectors and played a key role in several award-winning deals
Equity IPO Brazil
US bank took the forefront of Latin America’s equity turnaround, capturing value for clients in several jurisdictions
Loans Bonds Debt
The US lender doubled down on its commitment to Latin America and led the way in the loans, bond and stock markets
Loans Special Reports Brazil
The fintech revolution in Brazil promises to disrupt the consumer loans market, but it will take time before traditional lenders feel the heat
Loans Structured Finance Argentina
Cross-border trade is set to get faster and cheaper as financiers develop distributed ledger projects to streamline documentation and facilitate credit. Latin America cou...
Loans Structured Finance Special Reports
Banco do Brasil plans to start using blockchain technology for interoperability with other banks in the first half of 2018, but it wants to test everything before it uses...
Debt Capital Markets Corporate & Sovereign Strategy
After its return to the cross-border bond market in December, Brazilian airline Gol is ready to move on from a restructuring and introduce a new fleet of aircraft, says R...