FACTBOX 10/26/20: Latin America moves to mitigate impact of COVID-19  

Economy & Policy Coronavirus Latin America

UPDATE: IDB provides $30 mln to support small businesses in Espirito Santo

Azul chooses bonds over BNDES loan

Capital Markets Corporate & Sovereign Strategy Debt

Brazilian airline opts to issue $285 mln in debentures rather than access credit from the national development bank

LatAm bond sales plummet in third quarter

Bonds Capital Markets Debt

Moody's tallies $4.4 bln in high-yield issues, down from $8.9 bln in the second quarter this year

IDB funds SME loans in Espírito Santo

Loans Debt Coronavirus

State development bank Bandes gets $30 mln to provide emergency liquidity lines to small businesses

Mexico's shifting rules derail M&A

Corporate & Sovereign Strategy M&A Economy & Policy

Fiscal reforms designed to favor state-owned companies are turning off international investors, but falling asset prices may herald a rebound

IDB Invest prints largest Mexican bond deal to date

Bonds Debt Capital Markets

US-based multilateral lender raises $96 mln to provide financing in local currency during the COVID-19 pandemic

EXCLUSIVE: Mexican economy to take 2-3 years to return to pre-pandemic health

Asset Management Bonds Debt

Deputy Finance Minister Gabriel Yorio sees investment grade credit rating holding

LatAm, Caribbean GDP forecast to shrink 8.1% in 2020 - IMF

Coronavirus Corporate & Sovereign Strategy Economy & Policy

Region will experience a mild, but patchy recovery in 2021, multilateral lender says its latest regional outlook

IMPSA seeks to restructure debt

Bonds Debt Capital Markets

Argentine power plant builder wants to prolong payments and sell shares in an IPO to finance a return to growth

YPF faces financial setbacks in gas business

Debt Corporate & Sovereign Strategy Gas

Argentine company scraps LNG export terminal and is hit with court order to pay $231 mln for unpaid invoice

Mexican leasing companies borrow from IFC

Loans Debt Coronavirus

MAS Leasing and Jolly Haul could get $94 mln for SME financing in three to five years

Neuquén sweetens restructuring offer

Bonds Debt Capital Markets

Argentine province increases interest rates to get holders of 2028 bonds to accept

Argentina says dollar reserves are sufficient

Debt Capital Markets Corporate & Sovereign Strategy

Market thinks otherwise as peso plunges on black market, deepening an already dire financial crisis

S&P upgrades Brazilian meat companies

Capital Markets Bonds Coronavirus

Ratings agency moves JBS and Minerva up a notch and improves its outlook for Marfrig

Mexarrend lines up DFC loan

Loans Debt Structured Finance

Mexican leasing company looks to borrow $45 mln in 10-year money to finance SMEs in "resilient" sectors