Colombia puts price tag on Venezuela-owned fertilizer plant

M&A Economy & Policy Energy

State-owned oil company Ecopetrol could pay $300 mln to buy Monómeros in Barranquilla

Fitch upgrades CAF after capital increase

International Financial Institutions CAF Credit Ratings

South American development bank is expected to receive more payments from member nations in a $7 bln injection this year

Venezuela appoints new PDVSA head

People Energy Oil

President Maduro names Pequiven CEO Col. Pedro Tellechea to lead the state-owned oil company

Chevron exec takes helm of Venezuelan JV

People Energy Oil

PDVSA names Martin Philipsen as CEO of Petropiar

Colombia sets sights on Venezuelan-owned fertilizer plant

M&A Economy & Policy Colombia

Finance minister says the government is willing to buy Monómeros in Barranquilla

Monómeros gets new management

People Regulation Venezuela

Venezuela replaces officials at the fertilizer business in Colombia after regaining control from the opposition

Mercantil makes acquisition in Panama

M&A Corporate & Sovereign Strategy Loans

Panama City-based lender agrees to buy Capital Bank for $137 mln in cash and a 20% stake

Mercantil considers bond deals in Mexico, US

Bonds Debt Fixed Income

Panama City-based lender first aims to raise up to $50 mln in the local bond market, head of funding 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

Pampa Energía pulls out of Venezuela

Corporate & Sovereign Strategy Bonds Debt

Argentine energy company focuses on its home market as it considers how to refinance a bond due in July next year

Venezuela offers to sell shares in state companies

Economy & Policy Equity Capital Markets

President Nicolás Maduro says the government plans to float up to 10% of several state-owned firms on the local stock market

Latin American issuers face higher financing costs

Economy & Policy Debt Latin America

Russia's war on Ukraine pushes up inflation and applies pressure to interest rates, according to Moody's

Bandes names new head in Uruguay

People Venezuela Uruguay

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

Banesco draws up perpetual notes in Panama

Bonds Debt Capital Markets

Venezuelan lender's local branch could raise $100 mln to meet capital requirements

Banesco assesses add-on acquisitions in US market  

M&A United States Venezuela

Miami-based Banesco USA will focus on Florida and Puerto Rico, where it also sees room for organic growth, CEO says