Economy & Policy

Argentine debt crisis hits corporate borrowers

Asset Management Bonds Debt

Sovereign's decision to postpone local bond payment pushes up borrowing costs, but companies are still finding plenty of demand

Foreign investment rises in Chile

Economy & Policy Chile

FDI grows for the second straight year, jumping 78% to $10.8 bln in 2019

Macquarie acquires Colombian toll road

M&A Project & Infrastructure Finance Equity

Australian financial group takes over the BTS concession from CSS Constructores

Argentina postpones local bond payment

Asset Management Bonds Debt

Government appears to take a harder stance with bondholders as it prepares to start restructuring its external debt

El Salvador unveils street lighting concession

Project & Infrastructure Finance Economy & Policy Regulation

Investment promotion agency Proesa also lines up concessions for government buildings and toll roads

Moody's downgrades Costa Rica

Corporate & Sovereign Strategy Economy & Policy Fixed Income

Rating agency cites high fiscal deficits, recurring funding challenges to cut rating to B2 from B1

Vicentín files for bankruptcy

Asset Management Bonds Debt

Argentine agribusiness seeks protection to restructure $1.3 bln in debt

Honduras seeks CABEI loan

Loans Project & Infrastructure Finance Debt

Central American country requests $400 mln for highway construction projects

TransJamaican Highway prints cross-border bonds

Bonds Debt Capital Markets

State-owned toll road concession raises $225 mln to pay off debt as it prepares for an IPO

Moody's drops Ecuador to junk status

Economy & Policy Capital Markets Regulation

Rating agency cites heavy debt repayment schedule and resistance to reforms as reasons for the downgrade

Argentina gets legislative approval for restructuring

Asset Management Bonds Debt

Law is the first step in expected "game of chicken" with holders of foreign-law bonds

BNDES pockets $5 bln from Petrobras share sale

Equity Capital Markets Corporate & Sovereign Strategy

Brazil's national development bank offloads its stake in the state-owned oil company after previously selling shares in Light and Marfrig

Brazil's central bank signals break in rate cuts

Economy & Policy Capital Markets Regulation

Monetary policy committee says it is time to "interrupt" the easing cycle after five cuts in a row

Latin American bond sales surge in January

Asset Management Bonds Debt

Issuers front-load for the year as uncertainty around US elections and low rates help fuel refinancing boom

FEATURE: Clearing Brazil's muddy waters

Project & Infrastructure Finance Loans Economy & Policy

New sanitation law to clean up dirty waters is making a splash