Peru

Fitch cuts Brazilian airlines to B-  

Debt Capital Markets Coronavirus

Azul, Gol and LATAM are not expected to make a full recovery from coronavirus travel restrictions before 2022, rating agency says

IMF signals intent to approve $11 billion credit line for Peru  

Bonds Debt Capital Markets

Managing Director says will recommend Flexible Credit Line for world No. 2 copper producer

Peru piles on debt to fight coronavirus  

Coronavirus Economy & Policy Corporate & Sovereign Strategy

Finance ministry looks to issue up to another $4 bln in cross-border notes after it sold $3 bln in April

INTERVIEW: Peru’s new debt boosts COVID-19 fighting resources to $13 billion  

Asset Management Bonds Debt

Lima hunting for spare cash held by state-owned enterprises

Peru garners 'massive' orders in $3 bln bond deal  

Asset Management Bonds Debt

Sovereign issuer's return is a good sign, but liquidity is still low and investors are still cautious, source says

IIF sees 'deep recession' in LatAm this year

Economy & Policy Corporate & Sovereign Strategy Debt

Extended lockdowns will lead to a 4.5% drop region-wide in 2020, larger than the last global financial crisis

BCP increases bond limit

Bonds Debt Capital Markets

Peruvian lender puts the new limit at $8 bln as shareholders agree to add $250 mln in capital

S&P marks down Exalmar

Bonds Debt Capital Markets

Rating agency demotes the Peruvian fishmeal producer to B- on lower cash flows and "potential commercial risks"

Buenaventura wraps up refinancing

Loans Debt Corporate & Sovereign Strategy

Peruvian mining company signs a new five-year loan at a lower rate

Telefónica extends offer to buy out minority shareholders in Peru

Equity Corporate & Sovereign Strategy Capital Markets

Spanish telecom could spend another $22 mln for all Class B shares in its subsidiary

Buenaventura nears refi on five-year loan

Loans Debt Corporate & Sovereign Strategy

BBVA leads a new $275 mln facility to replace a loan from 2016 for the Peruvian mining company

Peru creates coronavirus fund for SMEs  

Debt Capital Markets Corporate & Sovereign Strategy

Finance ministry to provide for working capital, restructuring and refinancing debts

Peruvian highway and mining companies suspend dividends, cite COVID-19  

Asset Management Capital Markets Corporate & Sovereign Strategy

Suspensions motivated by prudence and need to preserve liquidity

BCP, Cineplanet draw up bond programs in Peru

Bonds Debt Capital Markets

Local lender could raise $850 mln, while cinema chain goes for $150 mln

LatAm issuers test resilience as local currencies fall

Asset Management Bonds Debt

International investors will demand higher yields to cover additional risk, but some corporate borrowers can turn to local bond markets, sources say