Regions

Fitch downgrades Peru on low growth prospects

Corporate & Sovereign Strategy Credit Ratings Fitch Ratings

Rating agency cuts the sovereign issuer by one notch to BBB as S&P casts a negative outlook on the country's ratings

CGC extends bond swap deadline

Corporate & Sovereign Strategy Bonds Debt

Argentine oil company struggles to get much participation, but says it will pay off its 2021 notes at maturity

Origen to buy lithium prospects in Argentina

M&A Argentina Bolivia

Canadian company is latest to enter the lithium rush in South America

Pampa Energía picks next CFO

People Argentina M&A

Nicolás Mindlin is named to replace Gabriel Cohen at the Argentine energy company

IEnova leaves local stock market

Equity Mexico Capital Markets

Sempra's Mexican subsidiary delists its shares after eight years on the BMV

Assaí rules out share sale for Extra acquisition

Corporate & Sovereign Strategy Equity M&A

Brazilian wholesale retailer plans to take on debt to fund a $952 mln deal with fellow Casino division GPA, CEO says

Unifin pays cash to redeem local bonds

Bonds Funds Mexico

Mexican financial services firm will spend $75 mln to pay off 2022 notes that it issued in September 2017

Ecopetrol takes step toward share sale

Corporate & Sovereign Strategy IPO Debenture

Colombia's state-owned oil company gets permission from Superfinanciera to sell 4.36 mln shares and lower the government's stake to 80%

Telefónica sells mobile phone unit in El Salvador

M&A Telecoms Mobile

Spanish telco gets $144 mln from UK-based fund General International Telecom for its 60% stake in Telefónica El Salvador

Fovissste goes long with local bonds

Bonds Debt Fixed Income

Mexican state-run mortgage lender earns $491 mln in the sale of 27.9-year notes

Simpar names new CEO for leasing division

People Brazil

Former Banco do Brasil and Cielo CEO Paulo Caffarelli takes the lead at BBC

Oi deal could lead to more private equity in infrastructure

Corporate & Sovereign Strategy Equity M&A

BTG's acquisition of the telco's fiber optics business with GIC and GlobeNet could be a catalyst for similar deals in Brazil, lawyer says

Globo stages succession plan

People Brazil

Jorge Nóbrega steps down from dual role at South America's largest media company as Marinho family members resume control

Bain buys stake in Bionexo

M&A Equity Healthcare

US investment firm agrees to invest $83 mln for the Brazilian medical software company to spend on AI and acquisitions

Colombia taps 2049 bonds again

Corporate & Sovereign Strategy Bonds Debt

Sovereign issuer takes advantage of a dip in yields and adds $1 bln above par after receiving $4 bln in orders, sources say