Corporate & Sovereign Strategy Bonds Debt
Creditor group repeats proposal to delay payments after rejecting a debt exchange from the country's finance ministry
Creditor group does not accept a 40% discount on $675 mln in bonds but says it is still willing to negotiate
Inter-American Development Bank (IDB) International Financial Institutions Loans
US-based development also grants $260 mln for transmission lines in Paraguay and $100 mln to address the COVID-19 pandemic in Jamaica
Corporate & Sovereign Strategy International Monetary Fund (IMF) Economy & Policy
Negotiations could stall until oil companies announce final investment decisions for offshore discoveries in early 2022
Corporate & Sovereign Strategy International Financial Institutions International Monetary Fund (IMF)
Creditor committee says the South American country's latest proposal does not accurately reflect its ability to pay
Creditors react to an "aggressive" proposal that seeks a 70% discount on principal and lower coupons
Creditor committee says the South American nation has not kept the promises it made in April
Corporate & Sovereign Strategy Economy & Policy Bonds
Sovereign issuer agrees to conditions for a three-year, $690 mln facility from the multilateral lender
Creditors agree to the country's request to delay payments but say they want more information on its debt with China
Bondholder group plans to give an answer to the South American sovereign issuer on April 6
Creditors' committee asks the government for more information on proposed economic reforms and projected oil royalties
Sovereign issuer says it expects to put financing in place soon, but not before the next bond payment comes due on March 24
Credit Ratings S&P Global Loans
Rating agency expects commercial borrowing in LatAm and Caribbean to decline 5% to $458 bln in 2021
Bonds Debt Capital Markets
South American nation's sovereign ratings rise out of default after creditors agree to wait till March for payment
Structured Finance Loans Caribbean
IDB's private sector division supplies $55 mln for the Trinidad-based lender to offer credit in Barbados, Guyana and Suriname