Asset Management

BRF spends under $300 mln on bond buyback

Asset Management Bonds Debt

Brazilian meat company repurchases close to a quarter of its dollar- and euro-denominated notes that mature between 2022 and 2024

Bondholders risk large losses in Posadas restructuring

Asset Management Bonds Debt

Investors face a haircut of 35% to 65% from the Mexican hotel operator's 2022 bonds, Moody's says

Ecuador bondholders release details of updated restructuring offer

Bonds Asset Management Debt

New proposal outlines possible 10% haircut and more than $15 bln in cash flow relief

Brazil's JBS says redeeming $875 million in debt

Asset Management Debt Bonds

World's largest meat producer says retiring debt will cut annual interest expense by $53 million

Ecuador's creditors say sovereign needs to improve restructuring offer  

Asset Management Bonds Debt

Bondholders commends Ecuador's "constructive" path, but terms need improvement

Itaú Corbanca unlikely to pay dividend in 2020 - CEO  

Asset Management Chile Colombia

Bank cites non-cash impairment of $930 million and economic downturn related to COVID-19 pandemic for likely inability to pay dividends in 2020.

LATAM Airline's Brazil unit included in bankruptcy protection filing  

Colombia Brazil Mexico

Chilean airline filed for Chapter 11 earlier this year, presented second DIP financing proposal to US court

US-based LatAm equity funds see small outflow, but rise in assets  

Asset Management Bonds Debt

Lipper data shows US-based funds' AUM up 3.2% in the week ended July 8

Argentine creditor groups reject latest sovereign restructuring offer  

Asset Management Bonds Debt

Two creditor groups say latest proposal falls short, but basis for further talks; some creditors have accepted the deal.

Bondholders reject new offer from Argentina's Mendoza province  

Asset Management Bonds Debt

Latest offer had sweeteners but creditors say does not reflect payment capacity

Colombia's Ocensa exploring debt sale

Asset Management Bonds Debt

Crude oil pipeline operator looks to make benchmark-sized offer for intermediate tenor debt

LatAm bond sales make a comeback in second quarter  

Bonds Debt Capital Markets

Issuers are encouraged by investor appetite in a market with high liquidity and low interest rates, sources say

Bondholders accept late payments from Suriname

Asset Management Bonds Debt

Holders of 83% of the sovereign issuer's 2023 notes give the country a year if it gets a loan from the IMF

US-based LatAm equity funds see modest inflows

Asset Management Bonds Debt

Lipper data shows US-based funds' AUM rise about 1% in the week ended June 24

Posadas to seek haircut in restructuring talks  

Asset Management Bonds Debt

Mexican hotel operator says it needs to hold on to cash to make it through the COVID-19 pandemic