Politics

Brazil appoints new BNDES head

People Economy & Policy Politics

Privatization advocate Gustavo Montezano is picked to take over the national development bank

BNDES head steps down

People Economy & Policy Capital Markets

Joaquim Levy leaves the top job at the national development bank after six months

LatAm IPOs fall in first half

IPO Equity Capital Markets

Only two deals worth $245m get done in the first six months of 2019

Energy loans take a plunge in Mexico

Loans Energy Electricity

Pemex downgrade and cancelled energy auctions could cause the market to fall 70% this year, source says

Caixa peddles Petrobras stake

Equity Economy & Policy Capital Markets

Brazil's federal savings bank could earn more than $1.6bn from the sale of its shares in the state-owned energy company

Brazil's Supreme Court approves Petrobras asset sales

M&A Economy & Policy Regulation

State-owned energy company proceeds with TAG sale and other deals

Fitch cuts Pemex after sovereign downgrade

Debt Bonds Corporate & Sovereign Strategy

State-owned oil company falls from investment grade on slow government action to shore up finances

US trade spats keep LatAm issuers away

Bonds Debt Capital Markets

Roadshows planned for later this month face delays as bond sellers display caution

Fitch downgrades Mexico

Debt Corporate & Sovereign Strategy Capital Markets

Rating agency cites a weak macroeconomic outlook and Pemex's debt problems

AES reviews wind deal with Renova

M&A Project & Infrastructure Finance Corporate & Sovereign Strategy

Brazilian renewable energy company could drop its offer for the second phase of the Alto Sertão III project

Fibra The Latam Reit shelves IPO

Asset Management Funds Equity

Latin America's first regional REIT has indefinitely delayed an equity sale in Lima, source says

Pemex pencils in bond return

Bonds Corporate & Sovereign Strategy Debt

Mexico's state-owned oil company could go to the capital markets to refinance debt in 2022

Tariff threat puts a damper on Mexican markets

Economy & Policy Equity Loans

Loans, IPOs and M&A deals face delays as the US moves to put import duties on Mexican goods

Political strife hits Peru's equity markets

Equity Capital Markets Economy & Policy

Mid-sized companies are effectively shut out of the Lima stock exchange, source says

Trump's tariffs throw off bond market

Economy & Policy Politics Bonds

Import duties could also delay passage of a new trade agreement with Canada, Mexico and the US