Central America

IDB Invest backs SME loans from Banco Cuscatlán

Loans Coronavirus El Salvador

Multilateral lender arranges $37.5 mln in financing for the Salvadoran lender, including $12.5 mln from the China Fund

Belize creditors organize committee to address payment moratorium request  

Asset Management Bonds Debt

Committee recognizes economic strains of pandemic, highlights prior restructurings have already given $200 million in debt service relief

Belize seeks moratorium on 2034 bond interest payments  

Bonds Debt Capital Markets

Government says COVID-19 pandemic has devastating effect on economy

Honduras returns to bond market after three years

Bonds Debt Capital Markets

Central American nation raises $600 mln for state-owned power company ENEE to pay off debt

Polaris to take over hydro project in Panama

M&A Energy Electricity

Canadian renewable energy company expects to invest up to $20 mln to finish building the 10 MW Chuspa plant

IFC names new managers in Central America, Caribbean  

People Loans Debt

Sanaa Abouzaid will run the multilateral lender's operations from Panama City, while Judith Green takes the helm in Santo Domingo

IDB completes third bond sale in a week  

Capital Markets Bonds Debt

Latin American development bank raises $4.34 bln for emergency loans to face the COVID-19 pandemic

S&P cuts Costa Rica on policy uncertainty  

Corporate & Sovereign Strategy Capital Markets Economy & Policy

Rating agency also casts a negative outlook as Costa Rica feels the strain of its COVID-19 response and rapid rotation of finance ministers

El Salvador lands more IDB funding  

Loans Coronavirus Debt

Central America's most densely populated country gets $250 mln to address the health and economic effects of COVID-19

CABEI sells Swiss francs in second debt deal this week

Bonds Debt Capital Markets

Central American development bank finds solid demand for $157 mln in new five-year notes, one day after pricing $375 mln in Formosa bonds

CABEI prints five-year Formosa bonds  

Asset Management Bonds Debt

Central American development bank sells $375 mln worth of debt, above the $200 mln minimum

LatAm, Caribbean countries call for new governance, rules for financing  

Capital Markets Corporate & Sovereign Strategy Caribbean

Countries calling for change, COVID-19 related or not

El Salvador gets emergency funds from IDB  

Loans Coronavirus Debt

Central American nations secures another $250 mln for a $2 bln coronavirus recovery fund

Grenada makes bond payment - creditor  

Bonds Debt Capital Markets

Payment due May 12 arrives, putting off broader question of private creditors abiding by G20 debt suspension call

Belize 2034 bond sinks following questions over finance capacity  

Bonds Debt Capital Markets

Moody's report questions payment capacity of government given pandemic hit to tourism