Politics

Mexcat bondholders reject amended buyback

Bonds Debt Corporate & Sovereign Strategy

Investor group says the new terms do not compensate for the loss of passenger fees from Benito Juárez airport

Brazil holds rates

Economy & Policy Loans Capital Markets

Copom keeps Selic at 6.5% in its last meeting before Jair Bolsonaro becomes president

Investors grow in opposition to Mexico City airport bond buyback

Bonds Capital Markets Corporate & Sovereign Strategy

Group now represents more than half of the $6bn in outstanding notes, law firm says

Brazil unblocks Embraer-Boeing deal

M&A Economy & Policy Politics

Federal appeals courts lifts the injunction that had halted the proposed $4.75bn tie-up

Mexico City airport bondholders voice demands

Bonds Capital Markets Economy & Policy

Investors want Mexcat to honor payments on outstanding notes and keep collateral in place

Petrobras plots more asset sales

M&A Corporate & Sovereign Strategy Debt

Brazil's state-owned energy company aims to earn $27bn from its divestments over the next five years

Bondholders challenge airport buyback

Bonds Debt Corporate & Sovereign Strategy

Group with more than 50% of GACM's bonds says it wants to discuss the terms of proposal with the government

Rión aims for eight deals in 2019

M&A Politics Economy & Policy

Mexican M&A advisory firm sees more acquisitions in retail, manufacturing and agriculture next year

Mexico moves to buy back airport bonds

Bonds Debt Capital Markets

AMLO administration offers to repurchase up to $1.8bn of $6bn in notes

China Three Gorges closes in on Chaglla deal

M&A Project & Infrastructure Finance Economy & Policy

Justice ministry orders Odebrecht to deposit $319m in a trust managed by Banco de la Nación

Fitch cuts Nicaragua

Bonds Debt Capital Markets

Rating agency cites a sharper-than-expected economic decline, a rising deficit and greater financing constraints as reasons for the downgrade

IMF commends Argentina on reforms

Debt Corporate & Sovereign Strategy Economy & Policy

Multilateral agency clears the way for a $7.6bn disbursement from a $56bn financing package

New train, oil refinery pass referendum in Mexico

Economy & Policy Project & Infrastructure Finance Politics

Voters overwhelmingly support construction of the $7bn Tren Maya and a new $2.5bn refinery in Tabasco

Mexico deals with airport bondholders

Bonds Debt Capital Markets

Government will detail how — and whether — it will compensate investors when it presents the budget on December 15

Ecuador mulls bonds, IMF loan for 2019

Bonds Debt Capital Markets

Country could go back to the bond market for $1.75bn, or turn to the IMF or China to fill a financing gap