Caribbean

TSTT talks up tap

Bonds Debt Fixed Income

Trini telco plans to add $100 mln to its 2029 bonds to cover severance pay in a downsizing plan, source says

BMR refinances debt with new loan

Loans Debt Energy

Virgin's renewable energy company borrows $88 mln from CIBC FirstCaribbean in Barbados and NCB in Jamaica

Grupo Piñero raises cash for Caribbean restart

International Financial Institutions IDB Invest Inter-American Development Bank (IDB)

Spanish tourism group borrows $200 mln from IDB Invest and Banco Popular to reopen hotels in the Dominican Republic and Jamaica

STOA invests in Poseidón wind farm in Dominican Republic

Equity Project & Infrastructure Finance ESG

French infrastructure investor puts in $128 mln to double capacity at the Los Guzmancito project in Luperón

CABEI grants first loan to Cuba

Loans Debt International Financial Institutions

Central American development bank supplies $53 mln to finance the production of COVID-19 vaccines

Banreservas sets up local bond deal

Bonds Debt Fixed Income

Dominican lender could raise up to $350 mln in the sale of 15-year notes in its home market

IDB lends to CDB

International Financial Institutions Inter-American Development Bank (IDB) Debt

US-based development bank supplies $50 mln for Caribbean nations to confront natural disasters and global warming

Moody's sinks Cuba deeper into junk territory  

Corporate & Sovereign Strategy Credit Ratings Downgrade

Rating agency downgrades the Caribbean nation as sanctions and the COVID-19 pandemic limit the government's ability to pay external debt

CAF drafts green financing plans

Debt Loans Capital Markets

South American development banks commits $25 bln over five years to fund the switch to clean energy and reduce greenhouse gas emmissions

IDB Invest issues first blue bonds for LatAm

Corporate & Sovereign Strategy IDB Invest Inter-American Development Bank (IDB)

IDB's private sector affiliate raises $37 mln to finance recovery efforts in tourism and fishing sectors

Digicel moves closer to upgrade with asset sale

Credit Ratings Moody's Investors Service Upgrade

Jamaica-based telco plans to pay off 2024 and 2025 bonds with $1.4 bln in proceeds from the sale of Digicel Pacific, according to Moody's

Argentina calls for swapping debt for climate action

Corporate & Sovereign Strategy Bonds Debt

President Fernández says it will help developing countries reduce debt and emerge from the COVID-19 crisis

ContourGlobal refinances Caribbean plants

Debt Loans Energy

British power company borrows $124 mln from Scotiabank to service debt at three thermal power plants

LatAm green bond sales double in two years

International Financial Institutions Bonds Latin America

Issuers in Chile, Brazil and Mexico represent more than three-quarters of the amount raised since 2019, CBI says

Moody's drops Bahamas deeper into junk status

Credit Ratings Moody's Investors Service Downgrade

Rating agency keeps a negative outlook on the Caribbean nation due to a loss of "fiscal strength"