Costa Rica

Millicom dials up tap for bond swap

Corporate & Sovereign Strategy Bonds Debt

Nasdaq-listed telco plans to reopen its 2031 bonds in an exchange for its 2026 notes

Ford names new CEO in Mexico, Central America

Central America Costa Rica Mexico

Luz del Castillo will replace Héctor Pérez in October

CAF approves $1 bln in loans for transport, power companies

Loans International Financial Institutions CAF

South American development bank funds an addition to the São Paulo metro system and provides liquidity lines to CFE in Mexico and ICE in Costa Rica

Negative outlooks loom over Central America's major issuers

Corporate & Sovereign Strategy Credit Ratings Fitch Ratings

Costa Rica, Panama and El Salvador face underlying fiscal challenges before they can improve their ratings, Fitch says

IFC sows funding for sustainable cotton in Brazil

Loans Debt ESG

World Bank's private sector lender arranges $100 mln in financing for Amaggi and also contributes to a $35 mln VC fund in Central America

CABEI funds coronavirus vaccines in Costa Rica

International Financial Institutions Loans Debt

Central American development bank provides $80 mln to inoculate 72% of the population in the Central American country

Grupo Nutresa buys pet food company in Costa Rica

Corporate & Sovereign Strategy M&A Colombia

Medellin-based conglomerate agrees to pay $28 mln to acquire Belina and enter the animal nutrition market

Banco Nacional taps IDB Invest for social bond

IDB Invest Inter-American Development Bank (IDB) Bonds

Costa Rican bank asks the multilateral lender to support a $75 mln deal to raise money for SME loans

Gildemeister plans to file for bankruptcy

Corporate & Sovereign Strategy Bonds Debt

Chilean car dealer skips an interest payment and blames the high exchange rate, civil unrest and the COVID-19 pandemic for its pedicament

Costa Rica secures IMF recovery funds

Corporate & Sovereign Strategy International Monetary Fund (IMF) Debt

Central American nation takes out a $1.78 bln facility that could "catalyze" other multilateral loans

Costa Rica comes to terms with IMF

Loans Debt Economy & Policy

Central America's third-largest economy agrees to a three-year, $1.75 bln facility from the multilateral lender

Enel sets out to increase stake in Chilean subsidiary

Equity Capital Markets Corporate & Sovereign Strategy

Italian energy company could pay up to $1.5 bln to buy another 10% in Enel Américas after merger with EGP Américas

Lala leaves Costa Rica

Corporate & Sovereign Strategy Costa Rica Central America

Mexican dairy company expects to write off $24 mln in lost sales in the Central American country

CABEI sells bonds to buy coronavirus vaccine

Bonds Debt Capital Markets

Central American development bank raises $50 mln for a $400 mln program

Moody's downgrades Aeris

Bonds Capital Markets Debt

Rating agency cuts the Costa Rican airport operator by two notches to B3 as it expects traffic to fall as much as 70% this year