Mexico

Moody's downgrades Banco Azteca

Loans Debt Capital Markets

Rating agency says the Mexican lender faces lower profits after writing off a large corporate loan

EXCLUSIVE: Mexican states strive for fiscal balance during health crisis  

Economy & Policy Loans Debt

Some states hold auctions for new loans, while other extend maturities on outstanding debt

Idesa postpones swap deadline

Asset Management Bonds Debt

Some bondholders are pushing for more collateral in a $303 mln debt exchange

Pemex likely to tap full credit line in 2020 - Moody's

Debt Corporate & Sovereign Strategy Economy & Policy

Rating agency says tax break will not be enough, debt likely to grow

Mexican banking sector displays resilience in crisis  

Corporate & Sovereign Strategy Coronavirus Loans

As the economy faces its sharpest drop since 1994, banks are expected to withstand short-term shocks, sources say

AMLO calls for new 'Marshall Plan' for coronavirus recovery  

Economy & Policy Corporate & Sovereign Strategy Debt

Mexican president says a support plan is needed for poor countries, rather than "predatory loans"

Pemex rating cut a notch by Fitch

Bonds Debt Capital Markets

Outlook remains negative in depressed oil price environment, rating agency says

Mexico to tap savings to make debt payments  

Debt Corporate & Sovereign Strategy Economy & Policy

AMLO says he opposes cancelling or postponing debt service payments

Latin America's burgeoning asset management industry taken down a notch  

Asset Management Bonds Debt

US mutual funds with LatAm mandate see AUM cut more than 50% in Q1

Dragados finances Pemex project

Project & Infrastructure Finance Loans Debt

Spanish EPC contractor gets $400 mln in a 10-year loan for a gas compression platform

US senators seek delay to June 1 start of USMCA  

Economy & Policy Regulation Canada

Bipartisan group says coronavirus puts added pressure on businesses to comply with rules by start date

Emerging market debt trading volume rises 9% in 2019  

Bonds Debt Capital Markets

EMTA says fourth quarter volume grew 25% year-on-year

US senators seek delay to June 1 start of USMCA deal  

Economy & Policy Regulation Canada

Bipartisan group of senators say coronavirus putting added pressure on businesses to comply with rules by start date

S&P cuts Mexico, Pemex on coronavirus, oil prices

Bonds Capital Markets Mexico

Rating agency also downgrades Trinidad & Tobago and puts a negative outlook on Colombia

Mexico seeks to mitigate COVID-19 impact on finance, insurance  

Bonds Capital Markets Economy & Policy

Government claims measures will protect debtors, creditors, insurance companies and the insured