Funds

Argentine oil driller taps financial advisor as activity sinks

Asset Management Bonds Debt

San Antonio hires Finanzas y Gestión to help restructure an estimated $105 mln in loans

S&P cuts Argentina credit rating to selective default  

Debt Corporate & Sovereign Strategy Economy & Policy

Bond payment postponement triggers downgrade as coronavirus exacerbates fragile economy

Idesa postpones swap deadline

Asset Management Bonds Debt

Some bondholders are pushing for more collateral in a $303 mln debt exchange

Ribeiro fails to pay more debt  

Bonds Debt Capital Markets

Argentine home goods retailer misses interest payments on eight bonds as the coronavirus shutdown slashes sales

Buenos Aires to restructure $7.15 bln in international bonds  

Asset Management Bonds Debt

Argentina's biggest province asks investors to agree to a grace period, longer maturities and lower coupons

Fitch puts Argentina in restricted default  

Bonds Debt Capital Markets

Government plan to delay payments on local-law debt triggers decision, rating agency says

Argentina postpones payment on local bonds  

Asset Management Bonds Debt

Government gains time to restructure $83 bln in external debt, sources say

Moody's drops Argentina deeper into junk territory  

Bonds Debt Capital Markets

Negative outlook reflects risk that investor losses in restructuring may go beyond 65%

IMF could allocate SDRs for coronavirus response  

Coronavirus Latin America US

Fund needs to think "beyond" what it has to get short-term liquidity to emerging markets, managing director says

Latin America's burgeoning asset management industry taken down a notch  

Asset Management Bonds Debt

US mutual funds with LatAm mandate see AUM cut more than 50% in Q1

Echo Energy defaults on bonds  

Asset Management Bonds Debt

Argentina-focused oil company is one of the first victims in the country of crude price plunge

Investors flee emerging markets in March in record numbers  

Asset Management Bonds Debt

EM debt and equity markets see record-breaking outflow in March of $83.3 bln, IIF says

Local pension funds largest net buyers in Colombian stock market

Asset Management Capital Markets Equity

Foreign investors account for 43% of sales on the BVC in March

Argentina offers guidelines for $83 bln debt restructuring  

Asset Management Bonds Debt

Government asks to renegotiate more than previously announced, but the goal remains to defer payments, extend maturities and possibly reduce the face value

IDB Invest funds fintech loans  

Loans Funds Debt

Multilateral lender puts $50 mln into a credit fund from Victory Park Capital