Central America

Moody's downgrades Belize on 'high probability' of delayed payments

Bonds Debt Capital Markets

Credit rating falls to Caa1 from B3 and outlook is revised to negative

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

Fitch cuts Costa Rica to B rating  

Bonds Debt Capital Markets

Central American country faces "uncertain prospects" for economic growth and borrowing costs after the outbreak, rating agency says

IDB Invest lends to Promerica

Loans Debt Coronavirus

Multilateral lender provides $50 mln to finance SMEs and green projects in Guatemala

Oil companies in Latin America brace for a long haul  

Asset Management Bonds Debt

With no oil price stabilization in sight, making it to the other side of the crisis poses a great challenge for major Latin American oil companies.

US fund investors sell LatAm equities even as asset values rise

Equity Debt Capital Markets

Lipper fund flow data shows eight straight week of outflows, the longest streak since early 2015

CABEI plans bond return after setting new benchmark  

Bonds Debt Capital Markets

Central American development bank intends to raise up to another $500 mln in the market this year

IDB grants another logistics loan to Honduras

Loans Project & Infrastructure Finance Debt

Development bank increases the size of the facility to $112 mln so the country can quickly access funds during the pandemic

Copa prices private placement  

Asset Management Bonds Debt

Panamanian airline puts the coupon at 4.5% for at least $350 mln in new five-year notes

Copa schedules private placement  

Bonds Debt Capital Markets

Panamanian airline could raise more than $400 mln in funding as revenues plummet during the coronavirus crisis

PODCAST: Luis Alberto Moreno  

LatinFinance Connect Corporate & Sovereign Strategy Economy & Policy

IDB President Luis Alberto Moreno discusses about the bank’s response to the COVID-19 pandemic and its approach to support and recovery in the region

Guatemala stuffs order books in bond return  

Bonds Debt Capital Markets

Sovereign issuer receives more than $8 bln in orders in a two-part deal that raises $1.2 bln for COVID-19 response

CABEI recruits bookrunners for next bond sale  

Bonds Debt Capital Markets

Central American development bank looks to raise $500 mln in the cross-border market after increasing capital by $2 bln

IDB adds to emergency loans in Central America  

Coronavirus Loans Economy & Policy

Regional development bank makes another $1.7 bln available to Panama, Honduras, El Salvador and others

IMF approves emergency financing for Panama  

Coronavirus Funds Loans

Central American nation gets $515 million to cover its response to the coronavirus outbreak