Ecuador

Ecuador adds CAF loan to multilateral haul  

Loans Economy & Policy Corporate & Sovereign Strategy

Moreno government brings in $1.5 bln from international financial institutions in one week

Petroamazonas gets extension  

Asset Management Bonds Debt

Bondholders overwhelmingly agree to let the Ecuadorian state-owned oil company extend its 2020 bonds by a year

IMF grants emergency funds for Ecuador  

Debt Capital Markets Corporate & Sovereign Strategy

Ecuador to get $643 million for COVID-19 mitigation

IMF evaluates financing for Ecuador  

Loans Funds Economy & Policy

Fund also approves $650 mln in emergency funding for the Dominican Republic and adds $90 mln to an existing facility for Barbados

Petroamazonas asks for extension  

Asset Management Bonds Debt

Ecuadorian state-run oil company wants to defer interest payments and delay the due date on its 2020 bonds

Fitch cuts Ecuador credit to restricted default; oil collapse compounds debt overhang  

Debt Corporate & Sovereign Strategy Bonds

Rating agency cites agreement on consent solicitations to defer upcoming bond payments as reason for downgrade

Ecuador gets bondholder consent for suspension of debt service until August  

Bonds Debt Asset Management

Bilateral discussions with creditors for a medium-term solution begin

Ecuador amends consent solicitation at request of investors

Bonds Debt Capital Markets

Cross-default provisions on two series of bonds remain in place

IIF sees 'deep recession' in LatAm this year

Economy & Policy Corporate & Sovereign Strategy Debt

Extended lockdowns will lead to a 4.5% drop region-wide in 2020, larger than the last global financial crisis

Ecuador pleads for liquidity relief from creditors  

Asset Management Bonds Debt

Financing gap expands to $3.4 bln as the country reels from the coronavirus outbreak and the fall in oil prices, finance minister says

Fitch cuts Ecuador credit rating to C; default eyed  

Bonds Debt Capital Markets

President Moreno announces humanitarian assistance fund

Ecuador seeks consensual agreement for debt relief  

Bonds Debt Capital Markets

Investors do not like the precedent, prefer a more complete proposal

Ecuador bonds should trade with accrued interest, EMTA says  

Asset Management Bonds Debt

Trade association adds that sellers are entitled to all unpaid interest during grace period

S&P cuts Ecuador to CCC-

Bonds Debt Capital Markets

Rating agency says default "appears inevitable" within six months

Ecuador credit rating cut to CC by Fitch  

Asset Management Bonds Debt

Ecuador is nearing default of some kind after asking to renegotiate commercial debt, rating agency says