GCC uses cash to expand US plant

Funds United States Mexico

Mexican cement maker will spend $750 mln to increase production in Texas by 1 mln tons per year

Fitch downgrades Enel Américas

Credit Ratings Fitch Ratings Downgrade

Rating agency cuts the Italian utility company's Santiago-based subsidiary to BBB+ due to "exposure" to non-investment grade markets

IFC funds green buildings in Colombia

Loans Debt Asset Management

World Bank's private sector lender provides $37 mln for Visum to develop commercial properties

Paystand eyes IPO after Yaydoo deal

M&A Latin America Colombia

US B2B payments company aims to build scale and use the acquisition to expand operations to Mexico, Colombia and Canada, Yaydoo CEO says

Argentina moves forward on Chinese project financing

Corporate & Sovereign Strategy Loans Dams

Government plans to borrow $4.7 bln to build two large dams in Patagonia

Fonacot, Bachoco head to local bond market

Bonds Debt Funds

Mexico's state-backed consumer lender could raise $195 mln as the poultry producer goes for $147 mln

Argentina takes out more loans from IDB

Inter-American Development Bank (IDB) Loans Argentina

South American nation borrows another $533 mln for health, road safety and tourism

Cielo loses CEO

People Technology Digital Payments

Gustavo Sousa leaves the Brazilian payment processing company after a little more than a year in the job

Ambipar makes another purchase in Canada

M&A ESG Brazil

Brazilian environmental services company acquires Calgary-based Ridgeline in its 13th deal in North America since an IPO in 2020

Pampa Energía wraps up swap

Bonds Debt Fixed Income

Argentine energy company gets 81% participation to exchange old notes for new ones with longer maturity

Citi sells assets in Puerto Rico, Uruguay

Corporate & Sovereign Strategy M&A Asset Management

US financial group closes a deal with Miami-based brokerage Insigneo

Liquidez Corporativa plans local bond sale

Bonds Debt Mexico

Mexican non-bank lender is expected to issue $48 mln in five-year notes on the BMV

UK supermarkets buy Brazil's first dollar CRAs

Corporate & Sovereign Strategy Debenture Brazil

Tesco, Sainsbury's and Waitrose put in $11 mln for sustainable soy farming in the Cerrado

Citi could fetch $8 bln for Mexican bank

M&A Mexico United States

Expected purchase price for the US financial group's banking business in Mexico falls from $12 bln earlier this year

LatAm sovereign bond sales fall in first half

Corporate & Sovereign Strategy Credit Ratings Fitch Ratings

External issues drop to $20 bln as issuers rely more on local markets and multilateral lenders, Fitch says