Coronavirus

IDB funds small business loans in Argentina

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

US-based development bank approves a $58 mln loan for MSMEs in San Juan province to recover from the COVID-19 pandemic

Moody's drops Bahamas deeper into junk status

Credit Ratings Moody's Investors Service Downgrade

Rating agency keeps a negative outlook on the Caribbean nation due to a loss of "fiscal strength"

Garbarino fails to attract bids for stake in retailer

Corporate & Sovereign Strategy M&A Debt

Buyers hold back on concerns the Argentine group could fall into bankruptcy

Longvie seeks to restructure defaulted bond

Corporate & Sovereign Strategy Bonds Debt

Argentine home appliances maker will try to extend maturity as sales show slight improvement

Argentina picks up loans for hunger, digital programs

Inter-American Development Bank (IDB) International Financial Institutions Economy & Policy

Government agrees to borrow $200 mln from the IDB and $50 mln from CABEI

Ecuador plans return to international bond market

Corporate & Sovereign Strategy International Financial Institutions Inter-American Development Bank (IDB)

Economy Minister Cueva says he wants to reduce the sovereign risk rating with structural reforms first

Buenos Aires province gets nod for restructuring deal

Corporate & Sovereign Strategy Coronavirus Economy & Policy

Argentina's largest province reaches 98% acceptance as creditors seek to sell the new bonds during an expected election-led surge in prices

MercadoLibre buys Brazilian logistics operator

Corporate & Sovereign Strategy M&A Argentina

Argentine company's acquisition of Kangu comes as e-commerce surges in Latin America

Garbarino to sell stake in electronics chain

Corporate & Sovereign Strategy Debt Equity

Argentine home appliances retailer to offer 51% stake in Compumundo at auction

Brazil sees growth in stablecoins

Brazil Commerce Retail shopping

Central bank governor says these stable cryptocurrencies are gaining traction in online payments

MercadoLibre to acquire stake in digital ad company

Corporate & Sovereign Strategy Equity M&A

The e-commerce company's $25 mln investment in Aleph comes as financing rises in the region's online businesses

Ribeiro files for bankruptcy

Corporate & Sovereign Strategy Economy & Policy Debt

Argentine home goods retailer seeks protection from creditors as the COVID-19 pandemic depresses sales

Richmond launches deal to finance vaccine lab

Corporate & Sovereign Strategy Debt Fixed Income

Argentine pharmaceutical company seeks to raise up to $85 mln through a financial trust

Chile raises dollars in second social bond sale this week

Corporate & Sovereign Strategy Economy & Policy Bonds

Sovereign issuer completes a three-part deal for $3.75 bln, bringing the amount raised for the COVID-19 recovery to $5.81 bln

Bondholders endorse CLISA debt swap

Debt Bonds Fixed Income

Group with 73% of 2023 notes says the proposed exchange is the result of "constructive engagement" with the Argentina infrastructure company