Credit Ratings

InterCement seeks waivers on debt payments

Corporate & Sovereign Strategy Debt Brazil

Brazilian cement company initiates discussions with creditors after missing payment on a loan from HSBC

Fitch puts Oi in default

Credit Ratings Downgrade Fitch Ratings

Rating agency downgrades Brazilian telco after it filed for bankruptcy earlier this year

Market backs IPO for Citibanamex

Credit Ratings Economy & Policy M&A

Banking association head says the deal could bring "more players to the market" as BIVA CEO says the share sale is the "better option" for Citi

S&P bumps up CAF to AA

S&P Global Upgrade CAF

Rating agency says the South American development bank will benefit from "expanded support" from a larger roster of member nations

S&P upgrades Idesa after bond swap

Credit Ratings Upgrade S&P Global

Rating agency lifts the Mexican petchem group to B- from default after a debt exchange last month

Moody's downgrades LAP on low earnings

Credit Ratings Downgrade Moody's Investors Service

Rating agency says the Chilean power generation company needs to sell receivables to avoid default in July

Moody's classifies Ecuador debt exchange as default

Credit Ratings Moody's Investors Service Bonds

Rating agency says a $1.6 bln debt-for-nature swap constituted steep losses for bondholders

Fitch downgrades VTR again

Credit Ratings Fitch Ratings Downgrade

Rating agency cuts the Chilean telco to CCC- on weak liquidity and declining cash flow

Fitch ranks Banco Azteca below investment grade

Credit Ratings Fitch Ratings Bonds

Rating agency gives the Mexican consumer lender a first-time rating of BB due to "a good funding profile"

Light downgraded for bankruptcy

Credit Ratings Downgrade Moody's Investors Service

Moody's cuts the Brazilian power company to Ca with a negative outlook as Fitch lists it in default

S&P calls El Salvador's debt swap a default

Credit Ratings Bonds Debt

Rating agency leaves the Central American country moored at CCC+ after last month's exchange of pension-related debt

Fitch upgrades El Salvador after local debt swap

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

Rating agency gives the Central American country a CCC+ after a recent exchange of pension-related debt

S&P places Idesa on default

Credit Ratings S&P Global Downgrade

Rating agency says its views the transaction as "tantamount to default" as creditors got less value than originally promised

Molymet, Genomma Lab print local bonds

Bonds Credit Ratings Debt

Chilean molybdenum producer gets $310 mln, Mexican pharmaceutical firm picks up $144 mln

Bolivia takes over failing bank

International Financial Institutions S&P Global Economy & Policy

Banco Fassil executives arrested for alleged mismanagement