Coronavirus

Mexico not expected to draw from IMF credit line

International Financial Institutions Economy & Policy Funds

Mexico has no need to tap a $50 bln FCL because it has enough reserves to face a crisis, analyst says

Moody's sinks Cuba deeper into junk territory  

Corporate & Sovereign Strategy Credit Ratings Downgrade

Rating agency downgrades the Caribbean nation as sanctions and the COVID-19 pandemic limit the government's ability to pay external debt

Genomma Lab may raise debt to produce vaccines

Debt Funds Latin America

Mexican pharmaceutical company forms a JV with Israel's Oramed to make and market oral COVID-19 vaccines in Latin America

Bolivariano borrows from IDB Invest

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

Ecuadorean lender gets an eight-year loan for $30 mln to increase financing for SMEs

IDB funds recovery in Colombia, Ecuador

Debt Loans Economy & Policy

US-based development bank lends $800 mln to Colombia and $500 mln to Ecuador along with a $400 mln contingency loan to Guatemala

IRSA uses asset sales to finance projects

Debt M&A Argentina

Argentine real estate developer sees chances to "monetize" its portfolio to raise funds for investments, CFO says

Argentina expects to reach IMF deal by March

International Monetary Fund (IMF) Loans Argentina

Argentine ambassador to US says key is to return to economic growth first and then make payments

Argentina calls for more financing to fight climate change

Corporate & Sovereign Strategy International Financial Institutions International Monetary Fund (IMF)

President Fernández beseeches international community to help in IMF debt talks as a key to stepping up climate actions

Argentina moves forward with IMF talks

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

President Fernández calls talks "good" for new loan program but asks for more time and lower surcharges

Posadas shores up support for restructuring

Bonds Debt Fixed Income

Mexican hotel expects to complete the process in 60 days with backing from 100% of bondholders

Longvie gains creditor approval for restructuring

Corporate & Sovereign Strategy Bonds Debt

Argentine home appliances maker gets until 2023 to pay off $20 mln worth of local bonds

CDPQ to acquire stake in Mexican medical diagnostics group

M&A Equity Funds

Canadian pensions buys a "significant" share of GDA in its first private equity deal in Mexico in more than two years

El Salvador signs new loan from IDB

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

Central American nation gets $400 mln in contingent credit to face natural disasters and health emergencies

ACI schedules new bond swap

Corporate & Sovereign Strategy Bonds Debt

Uruguayan airport operator sets up the sale of 2034 notes to exchange for debt that matures in 2032

Chilean casino operators enter merger talks

Corporate & Sovereign Strategy M&A Equity

Dreams, Enjoy would operate 60% of the casinos and earn 75% of gaming revenues in the country