China

China forex chief signals investment shift

China Economy & Policy Corporate & Sovereign Strategy

China will forge ahead with efforts to diversify its $3.3 trillion foreign exchange stockpile into higher yielding assets, Yi Gang, director of China’s State Administrati...

Copeinca Taps Trio to Fend off Chinese

Peru China M&A

Copeinca has hired UBS, DNB Markets and Carnegie as advisors, it says, as the Peruvian fishery attempts to defend itself from an unsolicited takeover attempt by China Fis...

Copeinca Not Lured by CFG Offer

Peru China M&A

Peru’s Copeinca is not pleased with this week’s $556m unsolicited takeover offer from China Fishery Group (CFG), noting that key shareholders do not find the NOK53.85 ($9...

China: Forward march

China Bonds

After years of tentative steps, China’s banks are poised to expand aggressively in Latin America

China Fishery Casts Line in Peru

Peru China M&A

China Fishery Group has made a $556m offer for the shares of Peruvian fishmeal and fish oil exporter Copeinca, paying a premium in a deal that would make it the strongest...

Ecuador Signs Another China Loan

Ecuador China Loans

Ecuador's Finance Ministry has signed an $80m loan with the Export-Import Bank of China, it says. The loan has a 20-year maturity and a 2.0% interest rate. The loan will ...

CDB Floats Brazilian Wind Loan

Brazil China Loans

China Development Bank has agreed to lend BRL102m ($50m) to Brazil's Desenvix to support a wind farm. Desenvix subsidiary Energen Renewables operates the Eolica dos Coque...

BB Gets China Nod

Brazil China Bonds

Banco do Brasil has received authorization to operate as a bank in China, a bank spokesman says. The bank previously had a representative office in the country, and now l...

Brazilians Raise Dim Sum Bonds

Brazil China Bonds

Banco Bradesco and BTG Pactual have become the latest LatAm financial institutions to issue private placements in the offshore renminbi, or Dim Sum, bond market, accordin...

Santander Chile Rolls out Dim Sum

Chile China Bonds

Santander Chile has become the first Latin American financial institution to issue a public transaction in the Dim Sum bond market, with a CNH500m ($80m) sale. The Chilea...

Development Bank Aims for Dim Sum

Central America China Bonds

Issuance of offshore Chinese rinimnbi (RMB) bonds, or Dim Sum bonds, is coming back into focus for LatAm bond issuers, with Central American development bank Cabei adding...

Chinese Revealed as ACS Transmission Buyer

Brazil China Europe

China’s State Grid is the buyer of seven Brazilian transmission assets from Spain’s ACS, according to local media and wire reports, citing statements made by the company....

CAF Lands HKD Debut

Venezuela Asia China

Regional development bank CAF has raised HKD400m ($51m) through its first-ever bond sale denominated in Hong Kong dollars. The Venezuela-based lender priced the 2022 bond...

China, IDB to Create Investment Fund

Bonds Structured Finance China

China’s Export-Import Bank and the Inter-American Development Bank plan to start a $1bn fund to invest in LatAm, the IDB says. The fund, expected to start operations this...

Enlarging the Menu

Asia China Bonds

Asian buy-side participation in LatAm debt deals remains meager, but greater efforts are being made to cultivate accounts from Singapore to Tokyo.