M&A Equity Telecoms
Argentine group takes over Sky in Brazil and DirecTV in 10 other countries in Latin America and the Caribbean
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
Bonds Debt Fixed Income
Canadian oil and gas company plans a new issue to repurchase $350 mln in 2023 bonds
Economy & Policy Corporate & Sovereign Strategy Ecuador
President Guillermo Lasso picks Diego Burneo and Luis Fierro as deputy ministers
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
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
Economy & Policy Ecuador Peru
Investors express relief but voice concern over Lasso's ability to face down opposition in the National Assembly
Debt Loans IDB Invest
Ecuador's largest supermarket chain gets $80 mln to build a distribution center for its subsidiary in Panama
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
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
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
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
Loans Debt Ecuador
US-based development bank arranges $43 mln in long-term loans for electric buses and taxis
Loans Debt Coronavirus
Multilateral lender supplies $50 mln for the Ecuadorian bank to extend credit to MSMEs hurt by the COVID-19 pandemic
Loans Debt Project & Infrastructure Finance
Beijing-based development provides $50 mln to CFN in its first financing deal in Latin America