Latin America

IFC invests in private equity fund

Equity Loans Brazil

Multilateral lender gives $25 mln for L Catterton to provide capital for mid-sized businesses in Brazil, Colombia and Mexico

FACTBOX 5/21/20: Latin America moves to mitigate impact of COVID-19  

Economy & Policy Latin America Coronavirus

UPDATE: IMF approves $16 mln for St. Vincent and the Grenadines to address the COVID-19 pandemic

NADB sells green bonds in Swiss francs  

Bonds Asset Management Debt

Mexican-American development bank raises $352 mln, agrees to buy back $280 mln in 2022 notes

Brazil's Senate allows multilateral loans

Loans Debt Regulation

São Bernardo do Campos gets the go-ahead to borrow $80 mln from CAF, while Paraná receives permission to take $50 mln from IDB

IDB approves loans for Argentina, Ecuador and Paraguay  

Debt Loans Corporate & Sovereign Strategy

Regional development bank grants $970 mln in financing to bolster healthcare in the three countries during the coronavirus pandemic

Fitch cuts Brazilian airlines to B-  

Debt Capital Markets Coronavirus

Azul, Gol and LATAM are not expected to make a full recovery from coronavirus travel restrictions before 2022, rating agency says

FACTBOX 5/20/20: Latin America moves to mitigate impact of COVID-19  

Economy & Policy Latin America Coronavirus

UPDATE: South Korea donates $50 mln to CABEI to help Central America

Argentina to extend restructuring talks beyond Friday  

Asset Management Bonds Debt

Economy Minister Guzmán downplays concerns about a default as the government seeks a "sustainable deal" with creditors

CAF sets up social bonds in euros  

Bonds Debt Capital Markets

Latin American development bank hires Crédit Agricole, BNP Paribas and Bank of America to arrange a benchmark-sized deal

S&P downgrades Azul on grounded flights  

Debt Capital Markets Brazil

Rating agency says a 50% drop in demand will keep 40% of the airline's planes on the ground until the end of the year

FACTBOX 5/19/20: Latin America moves to mitigate impact of COVID-19  

Economy & Policy Latin America Coronavirus

UPDATE: Chile announces new program to provide food to 2.5 million homes

Ecuador passes public finance law  

Economy & Policy Fixed Income Ecuador

New law puts 5% cap on budget increases and creates a rainy-day fund for future emergencies

Argentina's bondholders seek better repayment terms  

Bonds Asset Management Debt

Government is expected to review three counteroffers to forge a new proposal, but success is still uncertain as default looms

FACTBOX 5/18/20: Latin America moves to mitigate impact of COVID-19  

Economy & Policy Latin America Coronavirus

UPDATE: IMF approves $520 mln in emergency financial assistance for Jamaica

Jamaica gets $520 mln in IMF emergency funding  

Debt Corporate & Sovereign Strategy Loans

World Bank approves $254 mln for cash transfers to low-income households in Bolivia