Asset Management

BTG Pactual to anchor Privalia IPO

Equity IPO Capital Markets

Brazilian bank agrees to buy at least a 5% stake and offer retail financial products through the online retailer

Santander unveils second equity fund in Mexico

Equity Funds Capital Markets

Spanish bank's asset management division plans to raise up to $405 mln to buy shares through the SIC platform on the BMV

Grupo Axo deals another equity stake

Equity Corporate & Sovereign Strategy Capital Markets

Mexican retail group sells 1% to private equity firm MXO after a recent deal with BlackRock

DD3 sets up two new SPACs

IPO Equity Capital Markets

Mexican asset management firm could next come to the market with a third blank-check company for $150 mln in about a month, CFO says

Argentina's financial woes get worse

Economy & Policy Equity Capital Markets

Loss of emerging markets status is seen tightening access to credit and increasing financing costs, analysts say

Alterna looks to new markets in LatAm, Europe

Corporate & Sovereign Strategy Asset Management Capital Markets

Actinver spin-off does not plan to raise debt to fund its five-year expansion program, CEO says

Renova receives offer for hydro power plants

M&A Project & Infrastructure Finance Energy

Abu Dhabi's Mubadala is said to be willing to pay $480 mln to acquire Brasil PCH from the Brazilian renewable energy company

Brasilprev issues first local notes

Debenture Debt Asset Management

Banco do Brasil's pension fund manager raises $110 mln under Susep's new rules

Suriname bondholders enact default clause

Corporate & Sovereign Strategy International Financial Institutions International Monetary Fund (IMF)

Creditor committee says the South American country's latest proposal does not accurately reflect its ability to pay

FHipo looks ahead to more mortgage-backed notes

Bonds Debt Capital Markets

Mexican mortgage REIT could make the third issue in a $502 mln program before the end of the year or in early 2022, source says

CSN confirms talks to buy cement company

M&A Corporate & Sovereign Strategy Asset Management

Brazilian steelmaker could pay $250 mln to acquire Cimento Elizabeth from US hedge fund Farallon

Belize bondholders agree to late payments

Corporate & Sovereign Strategy Economy & Policy Bonds

Committee signs a new non-disclosure agreement and urges other creditors to "carefully consider" the Central American country's request for more time

SoftBank invests in GBM

Equity M&A Asset Management

Japanese conglomerate spends $150 mln in a deal that values the Mexican investment firm at more than $1 bln

Minsur accepts notes in buyback

Bonds Debt Fixed Income

Peruvian miner uses syndicated loan to repurchase $257 mln in 2024 bonds, or 57% of the outstanding amount

IDB issues largest SOFR bond deal this year

Bonds Debt International Financial Institutions

US-based development bank prints $600 mln in new 10-year notes in its third SOFR-based issue in 2021