Santander, Banorte hire advisers for Citibanamex bids

M&A Mexico Capital Markets

Santander retains Credit Suisse and Goldman Sachs as Banorte works with Bank of America to prepare binding offers

Santander picks Mexican boss as next CEO

Funds Debt Equity

Héctor Grisi will take the helm at the Spanish bank in January 2023

Santander's car loan business files bond program in Peru

Bonds Debt Fixed Income

Santander Consumo plans to sell up to $135 mln in short-term notes

Santander names new finance head in Argentina

People Argentina Spain

Germán Hammoe is promoted at the Argentine branch of the Spanish bank

Nowports eyes acquisitions after Series C round

Equity Funds M&A

Mexican logistics start-up raises $150 mln to expand in Latin America and start operations in North Africa, CEO says

CAF gets another ICO loan

International Financial Institutions CAF Debt

South American development bank borrows $100 mln to finance projects that involve Spanish companies

Foreign investment rebounds in Mexico

Economy & Policy Funds Mexico

FDI comes to $19.4 bln in the first quarter as TelevisaUnivision completes a merger and Aeroméxico rises from bankruptcy, finance ministry says

Cofide bags sustainable loan

Loans Peru Spain

Peruvian development bank signs a deal to borrow $32 mln from BBVA for small business lending

Getnet to get out of stock market

Equity Capital Markets Technology

Santander's Brazilian branch plans to delist the payments spin-off after seven months on the B3

Colombina inks ESG derivatives deal

Debt ESG Sustainability-Linked

Colombian food company seals agreement with BBVA for two sustainability-linked tools to hedge interest-rate risk

RLH refinances debt with BBVA loan

Loans Mexico Spain

Mexican hotel operator borrows $75 mln to pay off bank loans for a resort on the Pacific coast

Neoenergia names new CEO

Corporate & Sovereign Strategy Brazil Spain

Iberdola's subsidiary in Brazil appoints Eduardo Capelastegui to replace Mario Ruiz-Tagle

Santander sees 'multiple options' in bid for Citibanamex

Funds M&A Mexico

Spanish bank also has "a lot of flexibility" to finance a possible acquisition of the Mexican lender from Citi, CEO says

Chinese fund buys Colombian retail chain

M&A Debt Commerce

Hong Kong-based Joining Futures takes ownership of discount retailer Justo & Bueno and pledges to pay off debt by May 10

Oi completes sale of mobile unit

M&A Equity Telecoms

Brazilian telco closes a deal with TIM Brasil, Vivo and Claro for $3.4 bln