Corporate & Sovereign Strategy

Minsur takes out loan for bond buyback

Bonds Debt Loans

Peruvian miner borrows up to $300 mln from Bank of America and Santander to repurchase its 2024 bonds

Bancóldex pulls bonds after Colombian downgrade

Corporate & Sovereign Strategy Bonds Debt

State-owned export credit agency calls off a $190 mln deal after S&P drops the sovereign to junk territory

S&P cuts Colombia to junk status

Corporate & Sovereign Strategy Credit Ratings S&P Global

Rating agency cites "persistent fiscal weakness" as a reason for the downgrade, but the government pledges to "strengthen" investor confidence

Gruma refinances debt in local bond market

Corporate & Sovereign Strategy Bonds Debt

Mexican tortilla maker raises $101 mln to pay off a loan that comes due in September this year

Ancap seeks loan as price freeze widens losses

Corporate & Sovereign Strategy Loans Latin America

Uruguayan state-owned company wants a $40 mln loan and possibly credit lines from Banco República

Grupo Nutresa buys pet food company in Costa Rica

Corporate & Sovereign Strategy M&A Colombia

Medellin-based conglomerate agrees to pay $28 mln to acquire Belina and enter the animal nutrition market

Moody's sees politics putting pressure on Chile's ratings

Corporate & Sovereign Strategy Credit Ratings Moody's Investors Service

Rating agency maintains a negative outlook despite a robust economic recovery in the South American country

Isagen sells bonds in the local market

Corporate & Sovereign Strategy Bonds Debt

Colombian energy company raises $219 mln in a three-part deal with notes due in 2026, 2029 and 2041

Heineken, Quiñenco to increase stake in Chilean beverage company

Corporate & Sovereign Strategy M&A Equity

JV partners plan to buy up to 4.4% of CCU for as much as $157 mln, financed with an existing credit line

Copel outlines infra bonds for Voltalia deal

M&A Debenture Debt

Paraná state power company plans to issue tax-exempt notes by November this year to fund part of a $201 mln acquisition, CEO says

CSN cement unit files for IPO

IPO Equity Corporate & Sovereign Strategy

Brazilian steelmaker announces plans to list shares in CSN Cimentos three months after the stock market debut of its mining division

Ripley pulls bond sale after surprise election results

Corporate & Sovereign Strategy Credit Ratings Economy & Policy

Chilean retailer calls off a $300 mln debt deal after voters pick mostly independents and opposition candidates to rewrite the constitution

Telecom lands another credit line

Corporate & Sovereign Strategy Loans Fixed-Line

Argentine telco takes out a $30 mln from JPMorgan to pay for imported goods and services

Ferromex, Cetelem issue local notes

Corporate & Sovereign Strategy Bonds Debt

Grupo México's rail subsidiary raises $253 mln to pay off a loan as Cetelem gets $99.9 mln in a two-part deal

Petrobras keeps focus on lowering debt

Debt Energy Oil

Brazil's state-owned oil company ends the first quarter with the lowest debt-to-EBITDA ratio since 2012