Andean

Colombia cuts rate to historic low  

Economy & Policy Regulation Barbados

Central bank sticks to a countercyclical monetary stance and lowers the benchmark by 50 bps to 2.75%

Recaudo Bogotá restructures debt

Debt Loans Corporate & Sovereign Strategy

Supersociedades brokers an eight-year deal between the Colombian fare collection company and its creditors

IDB Invest gives Bancóldex credit

Loans Debt Energy

Multilateral lender provides 13-month guarantees for Colombia's export-import bank to support seven energy trading companies

Ecuador breaks off talks with Odebrecht

Regulation Project & Infrastructure Finance Ecuador

Government withdraws from negotiations after the Brazilian conglomerate says it cannot pay fines without access to frozen accounts

Petrobras takes orders for Colombian fuel business

M&A Equity Corporate & Sovereign Strategy

Brazilian state-owned oil company plans to open the binding phase for Pecoco in two weeks

Bogotá readies local bond sale  

Bonds Debt Capital Markets

Colombia's capital city aims to raise $153 mln to fund its efforts against COVID-19

Vanti borrows again from Scotiabank

Loans Debt Energy

Colombian natural gas distributor gets another one-year loan from the Canadian lender to pay off debt

Chile tries to stabilize local financial markets  

Economy & Policy Corporate & Sovereign Strategy Loans

Central Bank says it will use an IMF credit line to underpin the banking sector during the coronavirus pandemic

Grupo Aval lowers purchase price for Multibank

M&A Bonds Debt

Colombian holding company pays 39% less for the Panamanian lender and expects to conclude the acquisition this month

IDB contributes to SME relief in Ecuador  

Loans Economy & Policy Corporate & Sovereign Strategy

DC-based development bank supplies $93.8 mln to bolster small businesses during the health crisis

Avianca seeks banruptcy protection in US court  

Debt Bonds Corporate & Sovereign Strategy

Colombian airline says travel restrictions have caused revenues to plummet by more than 80% since mid-March

Ecuador adds CAF loan to multilateral haul  

Loans Economy & Policy Corporate & Sovereign Strategy

Moreno government brings in $1.5 bln from international financial institutions in one week

Enjoy warns of missing payments

Debt Corporate & Sovereign Strategy Bonds

Chilean casino operator says it cannot pay interest this month, including for its 2022 notes

Colombia's Zinobe borrows from US fund

Funds Loans Debt

Online financial services company signs a deal for up to $30 mln from Monachil to finance consumer loans

Caja Los Andes outlines local bond sale

Bonds Debt Capital Markets

Chilean retirement fund manager aims to raise $312 mln from the sale of inflation-linked notes