Mexico

HSBC weighs offer for Citibanamex

Economy & Policy Funds M&A

British bank is "looking at the opportunity," says CEO in Mexico

Fairplay plots moves for South America

Equity Funds IPO

Mexican e-commerce credit platform expects to set up shop in Colombia, followed by Chile, Peru and Brazil, CEO says

S&P downgrades Crédito Real again

Credit Ratings Bonds Debt

Rating agency cuts the Mexican consumer lender to B- as $185 mln in bonds come due

Walmart mulls selling stores in Central America

Funds M&A Central America

US retailer could also consider a joint venture for its businesses in El Salvador, Honduras and Nicaragua

Alsea appoints new CEO

People Mexico

Mexican restaurant operator replaces Alberto Torrado with Fernando González

US approves Televisa, Univision merger

M&A Loans Funds

US and Mexican mass media firms get the green light to complete a $4.8 bln tie-up

Bladex looks to add to Mexican bonds

Credit Ratings Bonds Funds

Panama City-based trade finance bank plans to tap its 2024 notes for $145 mln to fund loans in Mexican pesos

Elektra rolls over local bonds

Credit Ratings Bonds Debt

Mexican retail and financial services group plans to issue $242 mln in new three-year notes to pay off debt due in March

Banorte considers Citibanamex acquisition

Credit Ratings Funds M&A

Mexican bank is analyzing a possible offer for the second-largest lender in the country, CEO says

Pemex inks supply agreement for US refinery

Economy & Policy M&A Mexico

Shell promises to deliver crude for 15 years as Mexico's state-owned oil company ties up the $596 mln acquisition of Deer Park in Texas

Fairplay completes Series A round

Equity Debt Funds

Mexican fintech raises $35 mln with $15 mln in equity and $20 mln in debt

Banorte, BlackRock applaud Mexico's ESG bond plans

Corporate & Sovereign Strategy Credit Ratings Fitch Ratings

Institutional investors will still review each deal, but sustainable bonds will be "more than welcome," fund managers say

Betterware finances Jafra acquisition

Debt Loans Funds

Mexican direct-to-consumer borrows $225 mln from HSBC and Citi to buy the German company's operations in Mexico and the United States

Citibanamex comes under review for downgrades

Credit Ratings Fitch Ratings Moody's Investors Service

Moody's and Fitch Ratings evaluate the ratings after Citi says it will sell its consumer banking business in Mexico

Crédito Real receives six offers for US subsidiary

M&A Debt Loans

Mexican consumer lender calls for bidders to present their final proposals by the first week of February