Fitch upgrades Aruba on tourism rebound

Credit Ratings Fitch Ratings Upgrade

Rating agency gives the Dutch constituent country a BB+ as GDP surpasses pre-pandemic levels

IDB backs healthcare program in Guyana

Loans International Financial Institutions Inter-American Development Bank (IDB)

US-based development bank supplies $97 mln to finance investments in seven hospitals

CABEI borrows from Germany's KfW

Corporate & Sovereign Strategy International Financial Institutions Debt

Central American development bank takes out a $259 mln loan to fund green projects in the wake of the COVID-19 pandemic

Ecuador turns to JICA for pandemic recovery

Corporate & Sovereign Strategy International Financial Institutions JICA (Japan International Cooperation Agency)

South American country borrows $156 mln from the Japanese development agency to fund healthcare and social programs in the wake of COVID-19

Latin American borrowers face higher costs

Economy & Policy International Monetary Fund (IMF) Latin America

With global economy slowing and inflation high, interest rates will remain high

Argentina gets funds disbursement from IMF

International Monetary Fund (IMF) Corporate & Sovereign Strategy Economy & Policy

Second review of EFF arrangement yields $3.8 billion -- and a few warnings

Peru gets loan for healthcare

CAF Loans Peru

CAF to lend $120 million for bolstering the health system during the pandemic

MercadoLibre picks up funds to increase lending

Corporate & Sovereign Strategy Loans Digital Payments

Argentine e-commerce company borrows $233 mln from Goldman Sachs to expand credit to SMEs in Brazil and Mexico

Argentina to focus on belt-tightening

Corporate & Sovereign Strategy Bonds Debt

New Economy Minister Silvina Batakis says achieving a balanced budget is the key for economic growth and paying down debt

Regency buys Nike in Argentina, Uruguay

Corporate & Sovereign Strategy M&A Central America

Panamanian retail group picks up US apparel business on sale since 2020

Roch gets approval for bond swap

Bonds Debt Fixed Income

Argentine oil producer exchanges $16 mln in defaulted notes for 2027s at lower rates

Roch lines up bond swap

Corporate & Sovereign Strategy Bonds Debt

Argentine oil producer looks to exchange notes in default for up to $24 mln in new bonds

CCU buys stake in Danone unit

Corporate & Sovereign Strategy M&A Argentina

Chilean beverage company picks up 49% of the French food company's bottled water subsidiary in Argentina

Avianca to merge with low-cost carrier

M&A Equity Corporate & Sovereign Strategy

Colombian airline agrees to form a new company with Viva to reduce costs and bolster growth after emerging from bankruptcy

Santiago subway names new chairman

People Hospitals Chile

Guillermo Muñoz takes over at state-owned Metro as Clínica Las Condes sacks its CEO