El Salvador

El Ángel plants long-term local bonds

Bonds Debt Fixed Income

Salvadoran sugar and energy group will use future revenues to back $103 mln in 20-year notes

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

HSBC takes legal action against El Salvador

Economy & Policy Debt Loans

International bank is seeking to recover at least $49.3 million in damages

El Salvador may struggle to reach IMF deal

Corporate & Sovereign Strategy Bonds Debt

Investors assign low probabilty for deal by the end of September

El Salvador sees IMF agreement in September

Corporate & Sovereign Strategy Credit Ratings Moody's Investors Service

Central American country says its expects to sign a three-year facility for $1.3 bln after Moody's downgrades it to Caa1

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 finances mortgages through La Hipotecaria

Loans Debt Panama

World Bank's private-sector lender provides $50 mln to address housing deficits in Panama and El Salvador

Invenergy funds FSRU in El Salvador

Loans Debt El Salvador

US power generation company borrows $128 mln through IDB Invest to purchase and convert a vessel from BW Group

CABEI funds recovery in El Salvador

International Financial Institutions Economy & Policy Debt

Central American development bank grants $600 mln in financing to help the country's economy recuperate from the COVID-19 pandemic

Fitch downgrades Sura's asset management business

Credit Ratings Fitch Ratings Downgrade

Sura AM faces "downside risks" as the economic impact of the COVID-19 pandemic remains unclear, rating agency says

IDB Invest lends to Davivienda in El Salvador

Loans Debt Project & Infrastructure Finance

IDB's private sector division arranges $100 mln in financing for green projects and SMEs

IDB Invest funds food security and dairy producers

Debt Capital Markets Loans

Multilateral lender supplies $75 mln to reinforce food security in Central America, $20 mln for dairy producers in Uruguay

IFC foots Fedecrédito loans in El Salvador

Loans Debt El Salvador

World Bank's private sector lender provides $60 mln in the first gender-focused financing to be backed by remittances

Moody's puts El Salvador on review for downgrade  

Capital Markets Debt Corporate & Sovereign Strategy

Central American country's B3 rating, already highly speculative, is undermined by high liquidity risk, ratings agency says

CABEI sells bonds to buy coronavirus vaccine

Bonds Debt Capital Markets

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