Ecuador

Grupo Wertheim agrees to buy Vrio from AT&T

M&A Equity Telecoms

Argentine group takes over Sky in Brazil and DirecTV in 10 other countries in Latin America and the Caribbean

IDB Invest arranges loan for Phoenix Tower in Ecuador

Loans International Financial Institutions Inter-American Development Bank (IDB)

Proparco and CIFI provide $37 mln for the US tower company to set up distributed antenna systems

Frontera offers new notes for buyback

Bonds Debt Fixed Income

Canadian oil and gas company plans a new issue to repurchase $350 mln in 2023 bonds

Ecuador rounds out new financing team  

Economy & Policy Corporate & Sovereign Strategy Ecuador

President Guillermo Lasso picks Diego Burneo and Luis Fierro as deputy ministers

Sacyr requests IDB Invest funding to refinance 4G toll road

IDB Invest Inter-American Development Bank (IDB) Debt

Spanish construction company asks for $102 mln to pay off a mini-perm for the Rumichaca-Pasto highway

Ecuador to focus on financing alternatives

Corporate & Sovereign Strategy International Monetary Fund (IMF) International Financial Institutions

Outgoing finance minister says conditions have improved for bond sales since a debt restructuring last year, but it may be too soon to issue new notes

Ecuador bond prices leap up after elections

Economy & Policy Ecuador Peru

Investors express relief but voice concern over Lasso's ability to face down opposition in the National Assembly

Corporación Favorita receives funding from IDB Invest

Debt Loans IDB Invest

Ecuador's largest supermarket chain gets $80 mln to build a distribution center for its subsidiary in Panama

World Bank funds vaccines in Ecuador

World Bank Inter-American Development Bank (IDB) Economy & Policy

US-based multilateral lender approves $150 mln in financing in its first deal for COVID-19 shots in Latin America and the Caribbean

IDB puts up money for jobs, vaccines in Ecuador

International Financial Institutions Inter-American Development Bank (IDB) Loans

US-based development bank also supplies $75 mln for cash transfers and small business grants in Jamaica

Moody's improves Ecuador outlook to stable

Credit Ratings Moody's Investors Service Economy & Policy

Rating at Caa3 is deep within junk status, but stabilized by debt restructuring and IMF loan agreement

Ecuador strikes funding agreement with US's DFC  

Debt Capital Markets Corporate & Sovereign Strategy

Ecuador could get up to $3.5 bln from U.S. Development Bank to pay down expensive debt and reactivate the economy

IDB finances electric cars in Ecuador

Loans Debt Ecuador

US-based development bank arranges $43 mln in long-term loans for electric buses and taxis

IFC funds liquidity lines from Produbanco

Loans Debt Coronavirus

Multilateral lender supplies $50 mln for the Ecuadorian bank to extend credit to MSMEs hurt by the COVID-19 pandemic

AIIB funds small business loans in Ecuador

Loans Debt Project & Infrastructure Finance

Beijing-based development provides $50 mln to CFN in its first financing deal in Latin America