Venezuela

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

Investors ask US government to lift collateral restrictions on PDVSA bonds

Asset Management Bonds Debt

Bondholders say the state-owned oil company's ad-hoc board, appointed by opposition leader Juan Guaidó, must change its approach to renegotiate the debt

PDVSA ad-hoc board sues bondholders

Bonds Debt Capital Markets

Opposition-aligned directors, appointed by Juan Guiadó, ask a US court to declare the state-owned oil company's 2020 notes null and void

CAF to finance Uruguay's first schools PPP

Loans Debt Project & Infrastructure Finance

South American development bank will provide $60m to build 59 kindergartens and preschools

CAF lines up issue for Uruguayan railroad

Capital Markets Project & Infrastructure Finance Debt

South American development bank aims to raise $350m for the $1.1bn Ferrocarril Central

IDB bars Odebrecht unit

Loans Project & Infrastructure Finance Regulation

Development bank prohibits the construction division CNO from participating in IDB-financed projects for six years

Viewpoint: What to watch in the weeks ahead

Bonds Debt Capital Markets

Brazil's lackluster economy and green bond activity are among the developments to watch

Amherst Pierpont hires LatAm strategist

Corporate & Sovereign Strategy Capital Markets Debt

Siobahn Morden will draft the US broker dealer's investment strategy for Latin American sovereign debt