Economy & Policy

Cancelled IPOs reveal investor caution in Brazil

IPO Equity Corporate & Sovereign Strategy

Low interest rates at home and high liquidity abroad means the market is still open, but smaller issuers may give up as investors become more choosy, sources say

CFE seeks financing for hydropower investments

Economy & Policy Funds Loans

Mexico's state-owned electric utility company plans to spend $1 bln through 2024 to increase capacity at 14 power plants

Mexico's new finance minister sets out medium-term goals

Economy & Policy Mexico Capital Markets

Rogelio Ramírez de la O includes infrastructure PPPs as a tool to promote economic growth through 2024

Negative outlooks loom over Central America's major issuers

Corporate & Sovereign Strategy Credit Ratings Fitch Ratings

Costa Rica, Panama and El Salvador face underlying fiscal challenges before they can improve their ratings, Fitch says

AMLO says Aeroméxico, Delta could buy presidential plane

Economy & Policy Funds M&A

Mexican president also calls for Aeroméxico to remain under local ownership through bankruptcy proceedings

Rio Grande do Sul looks to sell Corsan

Economy & Policy Equity IPO

State government plans to offload its controlling stake in the water company through an IPO

ECLAC pushes to include middle-income countries in debt relief

Capital Markets Coronavirus Corporate & Sovereign Strategy

UN commission also calls on governments to maintain emergency transfer programs

Via Brasil sorts out financing for toll road concession

Project & Infrastructure Finance Debt Debenture

Conasa-led consortium could go to the local bond market to fund $356 mln in planned investments in federal highway BR-163, CEO says

Market questions AMLO's plans for new LP gas company

Economy & Policy Mexico Energy

Mexico's president would do better to support anti-trust agency Cofece in regulating prices, analyst says

Itaú economist downplays expected infrastructure boom

Economy & Policy Project & Infrastructure Finance Ports

Mário Mesquita sees greenfield investments petering out as Brazil moves towards presidential elections next year

Elektra closes stores in Peru

South America Peru Economy & Policy

Mexican retailer completes exit from the South American market eight months after selling the local branch of its banking division

CAF elects new president

International Financial Institutions CAF Economy & Policy

Colombia's former trade minister Sergio Díaz-Granados will lead the South American development bank for five years

Panama stock exchange changes name to Latinex

Corporate & Sovereign Strategy Economy & Policy Latin America

Exchange takes another step to become a hub for the region's capital markets

MEZ wins two transmission line concessions

M&A Economy & Policy Energy

EDP, Shanghai Shemar Power and Energisa are also among the winners for projects that involve $262 mln in investments

Ecopetrol readies bond sale

Corporate & Sovereign Strategy Economy & Policy Bonds

Colombia's state-owned oil company plans to raise $1.4 bln in debt for "organic" investment plans