Andean

Banks' credit ratings hold steady in Colombia  

Capital Markets Colombia Andean

Fitch affirms local credit ratings and maintains stable outlooks amid coronavirus pandemic

Fitch upgrades Engie in Chile

Capital Markets Chile Europe

Rating agency rewards electric utility company for halving debt levels since 2017

Colombia revises rules for 5G road concessions

Project & Infrastructure Finance Loans Debt

ANI replaces periodic top-up payments with annual revenue support, but lenders are expected to seek more guarantees

Credicorp sets benchmark in bond market

Bonds Debt Capital Markets

Peruvian financial services company raises $500 mln from the sale of five-year notes

IDB funds energy investments in Ecuador

Loans Debt Project & Infrastructure Finance

DC-based development bank supplies a $280 mln loan to broaden access to electricity from renewable sources

Caja Los Héroes borrows from IDB Invest

Loans Chile Andean

Chilean social security provider gets $50 mln in six-year money to open more accounts for senior citizens

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