Caribbean

Digicel Sees Tight Trade

Central America Caribbean Bonds

Digicel Limited has raised $250m in new 2020 bonds, landing its lower coupon since a 2009 issuance of 8.25% $800m 2017 bonds. The Caribbean telecom priced the 8NC4 notes ...

CAF Prints Swiss Deal Ahead of European Meetings

Chile Colombia Mexico

Regional development CAF took advantage of improving swap rates from CHF to USD Friday to tap the Swiss franc market Friday with a CHF125m ($136m) 2-year floater. Given t...

LatAm Heavy Telecom Prints Bond

Caribbean Bonds

Sable International Finance, an EM telecom that generates over 60% of its cash flows from LatAm and the Caribbean, priced a $400m 8-year non-call four bond Friday at par ...

Curacao Gets A Minus Rating

Caribbean Corporate & Sovereign Strategy

S&P has assigned an A minus long-term rating to Curacao, with a stable outlook, citing its prosperous economy and stronger balance sheet thanks to recent debt relief from...

Jamaica Outlook Negative: S&P

Caribbean Jamaica Corporate & Sovereign Strategy

Jamaica has had the outlook on its B minus rating revised to negative from stable by S&P, which notes a high debt burden and difficulty implementing its IMF standby agree...

Caribbean Financial Group Ends Show

Panama Caribbean Bonds

Caribbean Financial Group (CFG), a holdco for consumer finance companies in Panama and the Caribbean ended fixed-income investor meetings in New York Wednesday, with no s...

CFG to Meet Fixed Income Accounts

Caribbean Bonds

Caribbean Financial Group (CFG), a holdco for consumer finance companies in Panama and the Caribbean, is meeting with fixed-income investors starting today via JP Morgan ...

CDB Prices Shorter FRN

Caribbean Bonds Loans

The Caribbean Development Bank has priced a $175m 2-year FRN at Libor+30bp, coming with a smaller size and shorter tenor than initially expected. The borrower had been sh...

Bond Issuers Wait and See

Argentina Brazil Caribbean

Three LatAm corporates are quietly wrapping up investor meetings this week, but with markets looking increasingly less inviting, there are few signs of immediate deal exe...

CDB shows FRN

Caribbean Bonds

The Caribbean Development Bank is showing investors a $200m 5-year floating rate note through sole leads BNP Paribas. Pricing could take place as early as next week. The ...

World Bank Sees GDP Slide in LatAm

Caribbean Economy & Policy

The World Bank says it expects GDP in LatAm and the Caribbean to decline to 4.5% in 2011, down from its 3-decade high rate of 6% in 2010. GDP is expected to ease in 2011 ...

Bahamas Expects Moderate Growth in 2011

Caribbean Bahamas Economy & Policy

The central bank of the Bahamas said it is expecting moderate GDP growth this year. “The recovery in the domestic economy is projected to gain momentum over the balance o...

St. Kitts and Nevis Get Emergency Funding

Caribbean Loans

IMF staff and St. Kitts and Nevis authorities have reached a broad agreement on key elements for an emergency funding arrangement of $84m over 36 months. The IMF executiv...

Expectations Low for CentAm, Caribbean Issuance

Central America Caribbean Dominican Republic

Despite welcoming conditions in the DCM, countries and corporates in the Caribbean and Central America aren’t expected to offer much in the way of new issuance in the nex...

LatAm FDI Grew Fastest in 2010

Caribbean Economy & Policy Corporate & Sovereign Strategy

LatAm and the Caribbean saw the fastest growth in incoming FDI in 2010 of any global region at 40%, according to a study by Comision Economica para America Latina y el Ca...