Latin America

IFC names new LatAm director

People Loans Coronavirus

Martin Spicer is promoted from head of blended finance to lead the World Bank's private sector division

Argentina to borrow $300 mln from CAF

Corporate & Sovereign Strategy Economy & Policy Project & Infrastructure Finance

Federal government will use the money to finance a food assistance program

Locaweb funds acquisitions with follow-on

Capital Markets Corporate & Sovereign Strategy Equity

Brazilian web services company moves $511 mln in a share sale a year after its IPO

Nova Harmonia registers for IPO

Capital Markets Corporate & Sovereign Strategy Equity

Brazilian developer plans its market debut as private education company Cruzeiro do Sul and home furnishings retailer Westwing price offerings

Vale invests in US steel maker

Corporate & Sovereign Strategy Economy & Policy Equity

Brazilian miner buys a minority stake in Boston Metal as part of its efforts to reach net zero-carbon mining

PAE, San Miguel to tap local bond market

Bonds Debt Capital Markets

Argentine oil producer and lemon grower will offer dollar-linked notes to local investors

Emerging market CDS trade drops 16% in 2020, EMTA says

Capital Markets Fixed Income Latin America

Credit default swaps volumes top $1.5 tln in 2020, according to a survey from the traders' association

JPMorgan picks new CEO for international private banking

Asset Management People Latin America

US bank promotes Martin Marron and expects to name a new head of private banking for Latin America in the coming days

LG Informática files for IPO

Capital Markets Corporate & Sovereign Strategy Equity

Brazilian software developer gets in line as app developer Bemobi prices its IPO and real estate company EZTEC cancels its offering

Raízen shells out for Biosev

Corporate & Sovereign Strategy Equity M&A

Brazilian sugar and ethanol company could pay more than $745 mln to buy the Louis Dreyfus-owned rival

LatAm, Caribbean recovery will be slow, IMF says

Debt Corporate & Sovereign Strategy Economy & Policy

GDP per capita in the region will not return to pre-crisis levels until 2025, according to director

Salta amends debt exchange offer

Debt Corporate & Sovereign Strategy Fixed Income

Argentine province has support from 40% of bondholders in a $350 mln restructuring

Mubadala wins bidding for Petrobras refinery

Capital Markets Corporate & Sovereign Strategy Equity

Abu Dhabi-based sovereign wealth fund offers $1.65 bln for RLAM in Bahia

Blau, Nadir register for IPOs

Capital Markets Corporate & Sovereign Strategy Equity

Brazilian pharmacy group looks to increase production with the proceeds, while glassware manufacturer sizes up possible acqusitions

YPF edges closer to restructuring deal

Bonds Debt Capital Markets

Group of bondholders accepts the offer after the state-backed oil company adds more cash to a $6.2 bln swap