France

Saint-Gobain buys insulation company in Argentina

M&A Tourism Argentina

French multinational picks up Térmica San Luis, while Alpha buys a TV channel

GPA to issue CRIs to lower debt costs

Debenture Corporate & Sovereign Strategy Brazil

Brazilian subsidiary of French retailer Casino plans to raise $145 mln in a deal for real estate receivables certificates

Engie gets BNDES loan for wind farms

Project & Infrastructure Finance Energy Wind

French power company's local subsidiary borrows $290 mln for the Serra do Assuruá complex in Bahia

Petrobras sells oil fields to Vinci subsidiary

Corporate & Sovereign Strategy Equity Brazil

Brazil's state-run oil company gets $1.1 bln for 11 onshore concessions in Sergipe

Vinci borrows to buy stake in OMA

M&A Loans Mexico

French airport operator gets a $442 mln loan from Inbursa, HSBC and Scotiabank to fund the acquisition of 30% of the Mexican company

Vinci to invest only where financing is available

Corporate & Sovereign Strategy Economy & Policy Equity

French infrastructure group is eager to invest in Latin America, but local sources of financing are needed, says CEO of the concessions division

Pátria swaps toll roads for venture capital

Corporate & Sovereign Strategy Economy & Policy Equity

Brazilian investment firm acquires Igah and sells 55% of Entrevias to French infrastructure group Vinci

CFE links up with Engie to extend pipeline

Project & Infrastructure Finance Energy Gas

Mexico's state-owned electric utility signs an agreement with the French energy company to expand the Mayakan pipeline in the Yucatán

Casino starts Assaí share sale

Corporate & Sovereign Strategy Equity Brazil

French retailer could earn more than $680 mln for 10% of the Brazilian wholesaler

Carrefour studies real estate carve-out in Brazil

Equity Commerce Retail shopping

French retailer's local subsidiary could create one of the largest real estate companies in Latin America with $290 mln in income

Four bidders vie for Fonterra dairy unit in Chile

Corporate & Sovereign Strategy M&A Chile

Companies from Canada, China, France and Peru are said to be preparing offers for Soprole

Argentina reaches deal with Paris Club

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

Agreement saves the country $248 mln in interest and pushes back payments to as late as 2028

Fitch downgrades Engie in Chile

Credit Ratings Fitch Ratings Downgrade

Rating agency cuts the French utility's subsidiary to BBB on elevated debt levels

Casino to lower stake in Assaí

Corporate & Sovereign Strategy Equity Brazil

French retailer plans to sell $500 mln worth of shares in the Brazilian wholesaler to pay down debt

TotalEnergies invests in Brazilian renewables

Corporate & Sovereign Strategy Equity M&A

French energy company plans to spend up to $108 mln to create a joint venture with local wind power developer Casa dos Ventos