S&P Global

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

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

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

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

Bolivia takes over failing bank

International Financial Institutions S&P Global Economy & Policy

Banco Fassil executives arrested for alleged mismanagement

S&P upgrades Auna after paying off loans

Credit Ratings S&P Global Upgrade

Rating agency bumps up Peruvian healthcare company to B and removed it from credit watch

Bolivian finance minister accuses legislature of 'kidnapping' economy

Credit Ratings S&P Global Economy & Policy

Marcelo Montenegro says assembly members who oppose multilateral loans are saying "no to economic reconstruction"

Banorte, Nafin set up local bond sales

Bonds Debt Mexico

Monterrey-based lender outlines $767 mln in 2033 notes as national development bank is expected to raise $555 mln in a two-part deal

S&P lists Guacolda in default after bond buyback

Credit Ratings S&P Global Downgrade

Rating agency gives the Chilean power transmission company a D grade following the repurchase of $132 mln worth of 2025 notes

S&P upgrades Guatemala on economic recovery

Credit Ratings S&P Global Upgrade

Central American country's rating rises to BB as GDP growth is expected to remain above 3% per year through 2026

S&P downgrades InterCement, upgrades CMPC

Credit Ratings S&P Global Downgrade

Brazilian cement maker may not be able to make bond payments, while Chilean paper company benefits from "favorable" pulp prices, rating agency says

Pressure mounts on Light after downgrades, CEO resignation

Corporate & Sovereign Strategy Debt Credit Ratings

S&P raises the specter of default for the Brazilian power company

S&P cuts Idesa for bond swap

Credit Ratings S&P Global Downgrade

Rating agency says the Mexican petchem company's proposed debt exchange is "tantamount to default"

Argentina suffers second downgrade

International Monetary Fund (IMF) Downgrade S&P Global

S&P cuts the sovereign issuer's ratings to CCC- after government orders state entities to sell dollar bonds