Venezuela

CAF sets up peso notes in Mexico

CAF Credit Ratings Moody's Investors Service

Latin American development bank plans to issue $100 mln in new 10-year notes as $66 mln in peso-denominated bonds approach maturity

CAF appoints new head in Bolivia

CAF People Bolivia

South American development bank picks Florentino Fernández as its representative in the country

Amos Global has $400 mln for Venezuelan oil sector

Corporate & Sovereign Strategy Latin America Venezuela

US oil and gas company has "no problem" raising money to invest once sanctions are lifted, CEO says

S&P sees slump in borrowing in 2021

Credit Ratings S&P Global Loans

Rating agency expects commercial borrowing in LatAm and Caribbean to decline 5% to $458 bln in 2021

IMPSA seeks to restructure debt

Bonds Debt Capital Markets

Argentine power plant builder wants to prolong payments and sell shares in an IPO to finance a return to growth

PDVSA's 2020 bonds ruled valid by US court

Bonds Debt Corporate & Sovereign Strategy

Ruling is a setback for the Guaidó government as investors are blocked by US sanctions

Venezuela's Maduro administration makes offers to bondholders

Bonds Debt Capital Markets

A deal seeks to stop the clock on the statute of limitations governing the ability of creditors to file lawsuits over defaulted missed payments on government debt

US Treasury prohibits transactions tied to PDVSA bond through July 22

Bonds Debt Capital Markets

OFAC says no transactions tied to 2020 bonds allowed

Venezuelan opposition critical of Maduro’s $5 bln IMF plea  

Bonds Debt Capital Markets

Opposition sees ulterior motives in Maduro's COVID-19 loan request

Fall in oil prices sends shock waves through LatAm markets

Asset Management Bonds Debt

Ecuador and Colombia feel the fallout from a spat between Russia and Saudi Arabia

CAF to require members in economic distress to swap shares for debt – internal document

Debt Equity Corporate & Sovereign Strategy

Venezuela would be the first country affected by the rule, sources say

Bladex names new CEO

People Loans Structured Finance

Jorge Salas leaves Banesco's US operations to take over the Panama-based trade finance bank in March

Fitch downgrades CAF

Debt Capital Markets Loans

Rating agency cuts the South American development bank to A+ on exposure to Venezuela, Argentina and Bolivia

CAF secures credit from KfW

Loans Project & Infrastructure Finance Venezuela

South American development bank will use a $156 mln loan to fund urban transit and logistics projects

CAF issues first green bonds in euros

Bonds Debt Capital Markets

South American development bank receives €1.2 billion in orders for €750 million in seven-year notes