Coronavirus

EIB funds micro-businesses in northeast Brazil

Loans Debt International Financial Institutions

European development bank supplies $238 mln in financing through the regional lender BNB

Kallas, Yuny call off IPOs

IPO Equity Capital Markets

Brazilian homebuilders increase to 15 the number of issuers to cancel listings this year in light of market volatility

Entre Ríos wraps up debt exchange

Bonds Debt Latin America

Argentine province says it can meet its debt obligations "without inconvenience" after bondholders agree to swap 2025 notes for new 2028s

LatAm lenders face billions in losses, S&P says

S&P Global Credit Ratings Economy & Policy

Banks could write off $136 bln as defaults rise and government aid fades this year, rating agency says

YPF to seek financing for investment program

Corporate & Sovereign Strategy Bonds Debt

Argentine energy company may tap local market, sell assets and seek multilateral funding for $2.7 bln program

IDB Invest weighs investment in BlueOrchard fund

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

Swiss impact investor is raising $350 mln from development banks and institutional investors to lend to MSMEs during the COVID-19 pandemic

LatAm's new issuers face FX pressures, Fitch says

Credit Ratings Fitch Ratings Bonds

Rising rates in US expose some first-time bond sellers to a mismatch in revenues, rating agency says in a report

YPF to seek financing for investment program

Corporate & Sovereign Strategy Bonds Debt

Argentine energy company may tap local market, sell assets and seek multilateral funding for $2.7 bln program

G20 gives IMF green light for new SDR allocation

International Monetary Fund (IMF) Economy & Policy Debt

Multilateral lender looks to issue another $500 bln in SDRs and work with wealthy countries to transfer resources to poorer members

CAF backs loan guarantees in Uruguay

International Financial Institutions CAF Economy & Policy

Latin American development bank approves up to $150 mln in financing for SiGa

Jujuy reaches preliminary restructuring agreement

Corporate & Sovereign Strategy Bonds Debt

Argentine province negotiates a longer maturity and a lower rate on a $210 mln bond due in 2022

S&P sees slump in borrowing in 2021

Credit Ratings S&P Global Loans

Rating agency expects commercial borrowing in LatAm and Caribbean to decline 5% to $458 bln in 2021

Costa Rica secures IMF recovery funds

Corporate & Sovereign Strategy International Monetary Fund (IMF) Debt

Central American nation takes out a $1.78 bln facility that could "catalyze" other multilateral loans

Argentina in no hurry for IMF deal

International Financial Institutions Corporate & Sovereign Strategy Economy & Policy

President Fernández says the government will focus on reviving the economy first

Fitch downgrades Sura's asset management business

Credit Ratings Fitch Ratings Downgrade

Sura AM faces "downside risks" as the economic impact of the COVID-19 pandemic remains unclear, rating agency says