Colombia

Fitch downgrades Avianca

Debt Bonds Capital Markets

Rating agency drops the airline to B- due to refinancing risks and high debt levels

EPSA funds Enertolima acquisition

M&A Loans Debt

Colombian power company uses $220m in loans and $245m in bond proceeds to pay for the energy distribution firm

EEB sees savings from rollover

Loans Debt Project & Infrastructure Finance

Bogotá power company expects to cut funding costs by $20m with a new five-year bullet loan

Isagen issues local notes

Bonds Debt Capital Markets

Colombian power company raises $334m from a four-part deal to pay off debt and fund investments

Avianca nears decision on bond refi

Bonds Debt Capital Markets

Colombian airline plans to complete a deal in the third quarter, CFO says

Fibra The Latam Reit shelves IPO

Asset Management Funds Equity

Latin America's first regional REIT has indefinitely delayed an equity sale in Lima, source says

FDN finances first solar farm

Loans Project & Infrastructure Finance Debt

China's Trina Solar gets funding for a 27 MWp project in the department of Meta

ColTel sets up local debt sale

Bonds Debt Capital Markets

Telefónica's Colombian subsidiary aims to raise $148m in peso-denominated notes

IMF keeps credit line for Colombia

Loans Corporate & Sovereign Strategy Economy & Policy

Multilateral lender says an economic recovery is gaining momentum

United bid could put Avianca into default

Debt Loans Colombia

Colombian airlines plans to revise contracts with European ECAs before it renegotiates 2020 bonds, source says

Gran Tierra prices new notes with wider spread

Bonds Debt Capital Markets

Canadian oil company offers a pickup on its 2025s to raise money to pay off a revolver for the Suroriente deal in Colombia

Avianca attracts takeover interest

Corporate & Sovereign Strategy Debt M&A

Colombian airline could become a target for other carriers looking for a bargain, source says

Gran Tierra delays bond

Bonds Debt Capital Markets

Canadian oil company puts off $300m deal until next week

Allianz eyes infra investments in Chile, Colombia and Panama

Funds Debt Capital Markets

German investor also sees opportunities in Peru, where it has completed two private placements in recent months

S&P downgrades Avianca

Bonds Debt Capital Markets

Rating agency drops the Colombian airline to CCC+ on higher refinancing risks