Corporate & Sovereign Strategy

Brazil drafts aid package for states and cities  

Economy & Policy Corporate & Sovereign Strategy Structured Finance

Chamber of Deputies earmarks $15.5 bln to make up for lost tax revenues during the coronavirus outbreak

AD Retail to move ahead with restructuring

Debt Corporate & Sovereign Strategy Bonds

Chilean department store operator gets creditor approval for reorganization, helping to avert bankruptcy

El Salvador gets $389 mln in emergency aid from IMF  

Corporate & Sovereign Strategy Economy & Policy El Salvador

Aid represents the first IMF loan to the Central American nation in more than 30 years

Eneva sells short-term debt for AES Tietê bid

Debenture Debt Capital Markets

Brazilian power company issues $79 mln in one-year notes to fund takeover offer

LatAm economy to contract 5.2% in 2020 - IMF  

Corporate & Sovereign Strategy Economy & Policy Regions

Global economy to shrink 3% during the "Great Lockdown" of 2020, according to the multilateral lender

IIF sees 'deep recession' in LatAm this year

Economy & Policy Corporate & Sovereign Strategy Debt

Extended lockdowns will lead to a 4.5% drop region-wide in 2020, larger than the last global financial crisis

Ecuador pleads for liquidity relief from creditors  

Asset Management Bonds Debt

Financing gap expands to $3.4 bln as the country reels from the coronavirus outbreak and the fall in oil prices, finance minister says

Argentina to announce debt restructuring soon  

Asset Management Bonds Debt

President Fernández says deal could be tougher than expected due to the impact of the coronavirus on the country's finances

Medanito exhausts debt extensions

Loans Debt Corporate & Sovereign Strategy

Argentine energy company now has to come up with the funds to service an $80 mln syndicated loan led by Credit Suisse

Lojas Renner, EDP issue short-term notes in Brazil

Debenture Debt Capital Markets

Clothing retailer raises $97 mln from one-year debentures, while a division of the Portuguese utility company gets $29 mln

Chile sets up funding plans for second quarter  

Economy & Policy Bonds Debt

Finance Ministry says its plans to issue close to $5 bln in mostly short-term notes in the local market

Santander México breaks cross-border ice with five-year bonds

Bonds Debt Capital Markets

Mexican lender tightens the coupon on $1.75 bln in new notes to 5.375% from IPTs in the 6% area, sources say

Fitch cuts Ecuador credit rating to C; default eyed  

Bonds Debt Capital Markets

President Moreno announces humanitarian assistance fund

Fitch revises Jamaica’s outlook to stable from positive  

Bonds Debt Capital Markets

Jamaica’s sovereign credit affirmed at B+

US Treasury prohibits transactions tied to PDVSA bond through July 22

Bonds Debt Capital Markets

OFAC says no transactions tied to 2020 bonds allowed