Brazil ushers in reserve-based lending

Loans Debt Corporate & Sovereign Strategy

Trident and Karoon sign the first such loans in the country to buy upstream assets from Petrobras

Petrobras sells upstream assets

M&A Energy Gas

Trident buys two clusters for $851m, while Karoon acquires an oilfield for $665m

Nufarm sells CRAs in Brazil

Capital Markets Brazil Australia

Australian agrochemical company issues $54m in receivables through Gaia and BNP Paribas

CAF considers Kangaroo bonds

Bonds Debt Capital Markets

South American development bank met investors in Sydney and Melbourne last month to go over a possible deal

Fitch upgrades JBS

Capital Markets Bonds Brazil

Rating agency expects the Brazilian meatpacker to lower debt levels on rising cashflow

Mexico hands refinery contract to Pemex

Project & Infrastructure Finance Economy & Policy Energy

Energy ministry Sener will oversee construction of Dos Bocas alongside the state-owned oil company, AMLO says

Aleatica kicks out OHL

Project & Infrastructure Finance Corporate & Sovereign Strategy Mexico

IFM-led concessionaire revokes the Spanish firm's EPC contracts in Mexico and Colombia

Finaccess makes non-binding offer for Restaurant Brands

M&A Equity Australia

Mexican investor submits proposal for 75% stake in the New Zealand fast food chain operator

CAF revisits Aussie Kangaroo market with seven-year trade

Capital Markets Bonds Australia

LatAm supranational issuer prints $75m-equivalent deal in Australia's bond market after orders reached more than AUD170m

CAF sets guidance on new Kangaroo issuance

Bonds Corporate & Sovereign Strategy Capital Markets

LatAm development bank charts $75m equivalent in Aussie dollars, expects to price overnight

Aussie mobile commerce unit nabs Brazil's Zenvia

M&A Telecoms Game-Changers

Syntonic will pay at least $700m to integrate the South American peer into its setup

Latin America widens trade relations in the time of Trump

Corporate & Sovereign Strategy Economy & Policy M&A

As the United States imposes tariffs on steel imports, Latin America downplays the threat of a trade war but looks to reinforce commercial ties with other countries.

CABEI completes Uridashi return

Panama Central America Japan

Central American development bank raises $54m in the Australian dollar and South African rand markets

OHL taps treasury to get tender offer over the line

Project & Infrastructure Finance Mexico Europe

The Spanish construction firm’s Mexican arm and Aussie investor IFM only manage to obtain 66% of the shares during an extended buyback

SQM invests in Australian lithium project

Chile M&A Australia

Chilean chemicals unit agrees to inject $80m into the development of the Mt Holland facility and pay Kidman Resources a further $30m