Chile

S&P downgrades Guacolda

Corporate & Sovereign Strategy Credit Ratings S&P Global

Rating agency cuts the Chilean power transmission company by one notch due to a wider-than-expected cash deficit

Santander preps bond sale in Chile

Corporate & Sovereign Strategy Bonds Debt

Spanish bank's local subsidiary goes for $340 mln in four series as Banchile Inversiones is expected to issue $33 mln in inflation-linked notes

Betterfly branches out to Spain

Corporate & Sovereign Strategy M&A Technology

Chilean insurtech acquires Alicante-based Flexoh in its first move into Europe

Restructuring gives creditors 66% of LATAM

Equity Debt Bonds

Cueto family and Delta hold smaller stakes as the Chilean airline exits bankruptcy

Caja Los Andes keeps tabs on bond market

Corporate & Sovereign Strategy Bonds Debt

Chilean retirement fund manager is "paying attention" to international financing sources after first-time ratings from Moody's and Fitch, source says

Caja Los Andes issues local social bonds

Corporate & Sovereign Strategy Bonds Debt

Chilean retirement fund manager prints $61 mln in inflation-linked notes to fund social loans

Shell names new leader in Argentina

People Argentina Chile

Ricardo Rodríguez will take the place of Sean Rooney in August as the company bets on shale oil and gas for growth

Kavak keeps M&A in sights

M&A Chile Colombia

Mexican used-car platform wants to branch out to new markets before the end of the year, COO says

Fitch ranks Caja Los Andes as investment grade

Corporate & Sovereign Strategy Credit Ratings S&P Global

Rating agency gives the Chilean retirement fund manager a BBB-, based on its leading position as a payroll lender

Cencosud finances US acquisition

Loans M&A Capital Markets

Chilean retailer takes out bridge loans as its new US business refinances debt

WOM sells towers to Phoenix Tower

M&A Telecoms Mobile

Chilean telco deals up to 3,800 towers to the US company for $930 mln

Kavak branches out in South America

Funds Latin America South America

Mexican used-car platform plans to invest $120 mln to set up shop in Chile, Colombia and Peru

Banco de Chile, Transbank line up bond sales

Bonds Debt Fixed Income

Chilean lender and credit card issuer to sell inflation-linked bonds

IDB Invest considers loan for First Citizens

International Financial Institutions IDB Invest Loans

IDB's private sector affiliate could provide $175 mln for the Trinidad and Tobago-based lender to fund mortgages and SME loans

Inflation 'discourages' capital markets in LatAm

Bonds Debt Economy & Policy

Latin America's governments must focus on fighting inflation to improve conditions for debt and equity sales, BIS' Tombini says