Uruguay

Abya plans first financing round

Equity Technology Game-Changers

Uruguayan cloud-based gaming start-up aims to raise $20 mln early next year as it considers a possible IPO

Globant to acquire GeneXus

M&A Technology Argentina

Argentine software developer bets on Uruguayan low-code software platform for growth

Arcos Dorados serves up SLBs for buyback

Corporate & Sovereign Strategy Bonds Debt

Montevideo-based McDonald's franchiser prices $350 mln in 2029 bonds well below IPTs as orders top out at $1.7 bln

Moody's upgrades Consorcio

Credit Ratings Moody's Investors Service Debt

Rating agency gives the Uruguayan savings club a Ba2 on sustained growth over the last two years

Arcos Dorados takes orders for SLBs

Corporate & Sovereign Strategy Bonds Debt

McDonald's franchiser ties the rates on a two-part deal to targets to reduce greenhouse gas emissions

Banco Patagonia to pull out of Uruguay

Corporate & Sovereign Strategy M&A Argentina

Argentine bank reportedly makes the decision after five years of mounting losses

Frutura buys Uruguay fruit supplier

Corporate & Sovereign Strategy M&A Commerce

California fruit merchant acquires Citrícola Salteña in its second M&A deal in Latin America

Itaú buys into fintechs in Uruguay

Corporate & Sovereign Strategy M&A Technology

Brazilian bank picks up 30% stakes in Prex and Paigo in a bid to expand into the low-income market in Latin America

Enjoy emerges from bankruptcy

Corporate & Sovereign Strategy Fitch Ratings Upgrade

Chilean company has restructured its debt, sold assets and merged with a rival

Bandes names new head in Uruguay

People Venezuela Uruguay

Fernando Salinas takes the top job at the Venezuelan development bank's subsidiary

Chilean casino operators tie up merger

Corporate & Sovereign Strategy M&A Technology

Dreams and Enjoy will run 60% of the casinos in Chile and have operations around Latin America

Adium takes out syndicated loan

Loans Debt Healthcare

Uruguayan pharmaceutical company borrows $130 mln in a deal arranged by the local branch of Itaú

Uruguay outlines fundraising plans for 2022

Economy & Policy Bonds Debt

South American sovereign plans to sell $3.2 bln in bonds this year, down from $4.1 bln in 2021

Fitch improves outlook for Uruguay

Fitch Ratings Revision Economy & Policy

Rating agency cites the South American country's "fiscal resilience" during the COVID-19, thanks to higher tax revenues and lower borrowing costs

La Tahona launches local bond sale

Bonds Debt Fixed Income

Uruguayan real estate firm will seek $40 mln for projects and paying off debt