Credit Ratings S&P Global Upgrade
Rating agency bumps up the Central American country by one notch to B on rising exports and strong remittances
Central America Latin America South America
Mexican telco forms Sitios Latinoamérica to hold 36,000 telco towers in 15 countries in Latin America
Bonds Debt Fixed Income
Nasdaq-listed telco agrees to exchange $336 mln in 2031 bonds for outstanding 2026 notes
Corporate & Sovereign Strategy Bonds Debt
Nasdaq-listed telco plans to reopen its 2031 bonds in an exchange for its 2026 notes
Corporate & Sovereign Strategy Credit Ratings Fitch Ratings
Costa Rica, Panama and El Salvador face underlying fiscal challenges before they can improve their ratings, Fitch says
Loans Debt ESG
Nicaraguan coffee supplier refinances a loan from 2019 with $500 mln for production and exports through a syndicated facility led by Rabobank
Loans Project & Infrastructure Finance M&A
Colombian gold miner plans to borrow up to $25 mln to pay for full ownership of the Luna Roja exploration project
Corporate & Sovereign Strategy M&A Central America
Colombian gold miner now holds 85% of Vesmisa following a deal to take full control of an exploration project earlier this month
Loans Debt Central America
Central American development bank says it can afford to charge less after reducing its funding costs in the international bond market
Loans Central America Guatemala
US-based development bank says it will make $1.6 bln available for two years in Guatemala, Honduras and Nicaragua
Capital Markets Corporate & Sovereign Strategy M&A
Colombian gold miner acquires 50% of Luna Roja from Royal Road for $22.5 mln plus royalties
Bonds Debt Capital Markets
Central American development bank raises $50 mln for a $400 mln program
Loans Debt Mexico
Multilateral lender opens a $50 mln credit line for the Mexican food company to extend financing to vendors
Central American development bank looks to raise $500 mln in the cross-border market after increasing capital by $2 bln
Coronavirus Funds Economy & Policy
IMF members agree to redeploy SDRs for poorer countries, rather than allocate new ones