Economy & Policy

Espírito Santo forms new funds

Funds Economy & Policy Energy

State government will use revenue from oil and gas exploration to create infrastructure and sovereign wealth funds

Brazil appoints new BNDES head

People Economy & Policy Politics

Privatization advocate Gustavo Montezano is picked to take over the national development bank

Chile issues Latin America's first sovereign green bond

Bonds Debt Capital Markets

Finance ministry sells $1.4bn in 31-year notes at 95bp over US Treasuries

BNDES head steps down

People Economy & Policy Capital Markets

Joaquim Levy leaves the top job at the national development bank after six months

LatAm IPOs fall in first half

IPO Equity Capital Markets

Only two deals worth $245m get done in the first six months of 2019

Peru keeps fundraising focus on local currency

Bonds Debt Capital Markets

Finance ministry aims to have 70% of debt in soles in the medium term

Rio Grande do Sul studies Banrisul share sale

Equity Capital Markets Economy & Policy

State government looks to float a larger stake in the local lender without losing control

Peru hitches buyback to new notes

Bonds Debt Capital Markets

Sovereign issuers offers to repurchase seven series of bonds that come due between 2023 and 2037

Ecuador cuts costs on retap

Bonds Debt Capital Markets

Sovereign issuer adds $1.1bn to its 2029 notes and raises money to buy back its 2020s

Bankruptcies pick up in Brazil

Debt Corporate & Sovereign Strategy Capital Markets

Insolvencies could surpass last year's totals as the economy flounders and Congress delays in passing pension reform, source says

Energy loans take a plunge in Mexico

Loans Energy Electricity

Pemex downgrade and cancelled energy auctions could cause the market to fall 70% this year, source says

Peru pitches new notes

Bonds Debt Capital Markets

Finance Minister Carlos Oliva flies to New York to meet investors through June 13

Caixa peddles Petrobras stake

Equity Economy & Policy Capital Markets

Brazil's federal savings bank could earn more than $1.6bn from the sale of its shares in the state-owned energy company

CAF funds schools in Fortaleza

Loans Brazil Economy & Policy

Development bank grants $150m for a social infrastructure program in the Brazilian city

Brazil's Supreme Court approves Petrobras asset sales

M&A Economy & Policy Regulation

State-owned energy company proceeds with TAG sale and other deals