Latin America

Lojas Americanas adds to M&A plans

Corporate & Sovereign Strategy Debt Equity

Brazilian retail chain considers 54 possible acquisitions and plans to open 150 new stores in 2021, CEO says

IDB issues SDBs in Aussie dollars

Inter-American Development Bank (IDB) Bonds Fixed Income

Meiji Yasuda Life acquires $100 mln in 10-year notes in the development bank's third private placement with a Japanese insurance company this year

YPF to seek financing for investment program

Corporate & Sovereign Strategy Bonds Debt

Argentine energy company may tap local market, sell assets and seek multilateral funding for $2.7 bln program

IDB Invest weighs investment in BlueOrchard fund

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

Swiss impact investor is raising $350 mln from development banks and institutional investors to lend to MSMEs during the COVID-19 pandemic

Rio Energy plugs in IPO plans

Corporate & Sovereign Strategy Equity IPO

Denham Capital-backed solar and wind power developer says it will use part of the proceeds for acquisitions

Argentine power generators line up bond sale

Corporate & Sovereign Strategy Bonds Debt

Mediterránea and Térmica Roca seek to raise up to $40 mln in a joint local deal

Cyrela sells debentures to raise cash

Corporate & Sovereign Strategy Debenture Debt

Brazilian real estate developer issues $53 mln in three- and five-year notes to keep in cash

JPMorgan appoints new LatAm CEO

Asset Management People Latin America

Alfonso Eyzaguirre will be the boss in Latin America and Canada and the head of investment banking in Latin America

LatAm's new issuers face FX pressures, Fitch says

Credit Ratings Fitch Ratings Bonds

Rising rates in US expose some first-time bond sellers to a mismatch in revenues, rating agency says in a report

YPF to seek financing for investment program

Corporate & Sovereign Strategy Bonds Debt

Argentine energy company may tap local market, sell assets and seek multilateral funding for $2.7 bln program

US-based LatAm equity funds have small net inflow in latest week  

Fixed Income Equity Funds

Fund flows modestly positive, but assets under management drop by nearly $700 mln in down market for the week ended March 3

Telefónica, CDPQ open fiber optic business in Brazil

Corporate & Sovereign Strategy Debt Equity

Canadian pension fund will invest $320 mln and own half of the joint venture with the Spanish telco

CAF earmarks $1 bln for vaccines, healthcare costs

CAF Loans Latin America

Latin American development bank also approves $500 mln for natural disasters and $940 mln for programs in Panama, Uruguay, Paraguay and Argentina

Patio lines up local bond sales

Corporate & Sovereign Strategy Bonds Debt

Chilean shopping mall operator aims to raise $322 mln in the sale of inflation-linked notes

BNDES sets up sale of Vale debentures

Corporate & Sovereign Strategy Economy & Policy Debt

Brazil's national development bank intends to deal the mining company's perpetual notes in the second quarter