Highways

EcoRodovias sacks CEO after two months

Corporate & Sovereign Strategy Regions Brazil

Brazilian infrastructure company dismisses Gianfranco Catrini and appoints CFO Marcello Guidotti as a temporary replacement

IDB approves five new sustainable loans

International Financial Institutions Inter-American Development Bank (IDB) Economy & Policy

US-based development bank grants $1.8 bln in financing, including $1.2 bln for rural development in Brazil and $300 mln for loans through Fonplata

Besalco builds local bond plans

Bonds Debt Fixed Income

Chilean construction company could raise up to $120 mln to refinance debt and fund investments, Fitch says

CCR retakes Via Dutra in auction

Corporate & Sovereign Strategy Brazil Project & Infrastructure Finance

Brazilian infrastructure company bids $314 mln to win another 30-year contract for the concession it has held since 1996

Rodovias do Tietê receives creditor approval for recovery plan

Debt Debenture Funds

Brazilian toll road concessionaire still awaits authorization from bankruptcy court and São Paulo state authorities

CAF approves $1 bln in loans for transport, power companies

Loans International Financial Institutions CAF

South American development bank funds an addition to the São Paulo metro system and provides liquidity lines to CFE in Mexico and ICE in Costa Rica

Aleatica picks up project financing in Chile

Loans Project & Infrastructure Finance Toll Road

IFM-owned infrastructure company borrows $205 mln for the Puente Industrial concession in Concepción

Ecopetrol leans on loan for ISA deal

M&A Corporate & Sovereign Strategy Equity

Colombia's state-owned oil company also extends exclusive talks with the finance ministry until the end of August

Mexico prepares third infrastructure package

Economy & Policy Corporate & Sovereign Strategy Project & Infrastructure Finance

Government is expected to include more investments than the second package from November last year, analyst says

Brazil drafts new tax breaks to lure foreign investors

Project & Infrastructure Finance Toll Road Ports

Infrastructure Minister Tarcísio Freitas says Congress is set to pass a bill to scrap the withholding tax on project bonds issued abroad

B3, EcoRodovias announce local debt deals

Debenture Debt Project & Infrastructure Finance

São Paulo stock exchange aims to raise $574 mln for day-to-day business as the infrastructure company shoots for $115 mln for the Imigrantes toll road

Argentina picks up more funds from development banks

International Financial Institutions CAF Corporate & Sovereign Strategy

CAF to provide $275 mln and Fonplata another $48 mln for healthcare, highway and urban development projects

IDB funds feeder roads in Peru

Debt Inter-American Development Bank (IDB) Loans

US-based development supplies $114 mln in financing to lower transport costs in the Andean country

Brazil receives one bid for FIOL railroad concession

Corporate & Sovereign Strategy Economy & Policy Project & Infrastructure Finance

Bahia-based miner Bamin meets the minimum asking price in an auction for the 35-year concession

S&P expects fewer foreign bidders in Brazil's next concession auctions

Credit Ratings S&P Global Economy & Policy

But rating agency still sees "sufficient" investor appetite due to financing conditions and the infrastructure gap