Peru

Fitch downgrades Peru on low growth prospects

Corporate & Sovereign Strategy Credit Ratings Fitch Ratings

Rating agency cuts the sovereign issuer by one notch to BBB as S&P casts a negative outlook on the country's ratings

Jüsto plots next move after buying Freshmart in Peru

Funds M&A Peru

Mexican grocery delivery platform plans to use the acquisition as a launchpad to Colombia and Chile

Procaps looks to buy in Mexico after Nasdaq listing

Corporate & Sovereign Strategy M&A Capital Markets

Colombian pharmaceutical company expects to announce an acquisition in the coming months, CEO says

América Móvil creates telco tower business

Central America Latin America South America

Mexican telco forms Sitios Latinoamérica to hold 36,000 telco towers in 15 countries in Latin America

Merama to open in US market ahead of Nasdaq listing

Equity Funds IPO

Latin American e-commerce start-up plans to use $225 mln from a Series B financing round co-led by Advent and SoftBank

Betterware maps out LatAm expansion plans

Funds Loans Latin America

Mexican direct-to-consumer company expects to open in Colombia and Peru in the next two to three years, source says

LATAM fields financing offers

Corporate & Sovereign Strategy Debt Equity

Creditors and shareholders put forth separate proposals worth more than $5 bln to allow the Chilean airline to exit from bankruptcy

Bci moves toward opening in Peru

Corporate & Sovereign Strategy M&A Chile

Chile's third-largest lender takes steps to expand in its neighboring market after acquiring US assets in recent years

Moody's downgrades five Peruvian banks

Moody's Investors Service Credit Ratings Peru

Credit ratings agency downgrades five Peruvian banks amid political uncertainty

Odinsa, Macquarie form infrastructure fund

Funds Equity Debt

Colombian concessions company and Australian investor start with four tolls roads worth $1.1 bln and could add projects with up to $1.2 bln in investments

Santander's car loan business plans to sell bonds in Peru

Corporate & Sovereign Strategy Capital Markets Bonds

Santander Consumo could make the second issue in a $98 mln program in September or October this year, source says

AFP Habitat to spin off operations in Peru, Colombia

Corporate & Sovereign Strategy Asset Management Latin America

Chilean private pension fund manager looks to diversify regulatory risk by splitting its international businesses from its home market

Andean nations face fiscal challenges on politics

Fitch Ratings Credit Ratings Corporate & Sovereign Strategy

Presidential elections in Chile, Colombia and Peru are raising fiscal uncertainty, Fitch says

SMI misses mark in bond buyback

Corporate & Sovereign Strategy Bonds Debt

Peruvian plastics maker to hold another offer to repurchase 2022 notes after first tender got only 68% acceptance

Tiendanube gets funding for expansion

Corporate & Sovereign Strategy Equity Latin America

Argentine e-commerce platform receives $500 mln in Series E round led by Insight, Tiger