Chile

Fitch upgrades Cencosud after acquisitions

Credit Ratings Fitch Ratings Upgrade

Chilean retailer's ratings rise to BBB as it incorporates recent deals in Brazil and the United States

Cristalerías Toro makes private placement

Corporate & Sovereign Strategy Bonds Debt

Chilean glassmaker issues $60 mln in eight-year bonds to pay off debt

Engie names new CEO in Chile

People Electricity Wind

French energy company's subsidiary brings in Rosaline Corinthien to take over for Axel Levêque on October 1

IDB Invest looks to 'double' lending in LatAm

International Financial Institutions Economy & Policy Funds

IDB's private sector affiliate could use a proposed capital increase to increase financing to $12 bln to $13 bln per year, Claver-Carone says

Moody's upgrades Aerodom on traffic recovery

Corporate & Sovereign Strategy Credit Ratings Moody's Investors Service

Rating agency raises the Dominican airport concessionaire to Ba3 as passenger traffic approaches pre-pandemic levels

Toesca names new CEO

People Chile Funds

Chilean asset management firm taps Carlos Antonio Saieh for the top post

BancoEstado gets capital lift

Corporate & Sovereign Strategy Equity Regulation

Chilean government injects $500 mln into the state-owned lender to meet Basel III requirements

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