Railroads

Argentina lines up more development bank loans

Corporate & Sovereign Strategy International Financial Institutions World Bank

Government plans to borrow another $727 mln for air traffic control, flood protection and commuter rail upgrades

Rumo rolls over debt with new SLBs

Corporate & Sovereign Strategy Bonds Debt

Brazilian railroad operator ties $500 mln in 10-year notes to lower greenhouse gas emissions

Rumo ties new SLBs to lower emissions

Bonds Debt Fixed Income

Cosan's logistics business sets up the sale of $500 mln worth of 2032 bonds to repurchase notes that come due in 2025

EFE returns with new benchmark bond

Corporate & Sovereign Strategy Bonds Debt

Chile's state-owned railroad company prints $500 mln in 40-year notes at 3.83% as orders top out at $1.5 bln

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

Banobras, Nafin finance first section of Tren Maya

Project & Infrastructure Finance Railroads Loans

Mexican development banks provide $35 mln loan for a Mota-Engil-led consortium to build 227km of railroad in the Yucatán Peninsula

Argentina plans to pursue cargo rail PPPs

Corporate & Sovereign Strategy Project & Infrastructure Finance Railroads

State-owned operator TAC will take over three concessions before the government looks for new private partners

Banobras gives ICA credit for tourist train

Project & Infrastructure Finance Railroads Loans

Mexican development bank approves a $136 mln loan to build the fourth section of the Tren Maya in the Yucatán

SuperVia seeks bankruptcy protection

Corporate & Sovereign Strategy Debt Coronavirus

Mitsui-backed commuter rail company files for judicial recovery in a Rio court after accumulating $94 mln in losses since March last year

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

CCR takes two more metro lines at auction

Corporate & Sovereign Strategy Economy & Policy Equity

Brazilian infrastructure company wins a 30-year concession in São Paulo with an offer that was three times more than the minimum bid

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

Vale outlines railroad investments

Corporate & Sovereign Strategy Project & Infrastructure Finance Brazil

Brazilian mining company plans to spend $4.86 bln to extend two railway concessions until 2057