Costa Rica

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

Banco Nacional fulfills buyback

Bonds Debt Capital Markets

Costa Rican lender agrees to repurchase $150 mln in 2023 notes by the early deadline

Enel Américas to merge with sister company

Corporate & Sovereign Strategy M&A Electricity

Deal is designed to expand and improve financial capacity for regional expansion

Banco Nacional opens another buyback

Bonds Debt Capital Markets

Costa Rican lender aims to repurchase up to $150 mln of its 2023 notes

Liberty lines up financing for Telefónica deal in Costa Rica

M&A Loans Debt

US-based telecom says it will use credit from VTR and local loans to cover the all-cash transaction for $500 mln

IDB funds pandemic relief in Panama, Costa Rica  

Loans Economy & Policy Debt

Central American borrowers agree to lower debt after the crisis as a requisite for the seven-year loans

S&P cuts Costa Rica on policy uncertainty  

Corporate & Sovereign Strategy Capital Markets Economy & Policy

Rating agency also casts a negative outlook as Costa Rica feels the strain of its COVID-19 response and rapid rotation of finance ministers

IDB Invest funds Sigma supply chain

Loans Debt Mexico

Multilateral lender opens a $50 mln credit line for the Mexican food company to extend financing to vendors