Politics

Uruguay's next government faces large deficits, low growth, Fitch says

Economy & Policy Corporate & Sovereign Strategy Debt

President-elect Luis Lacalle Pou must take "decisive" action to stabilize the country's debt burden, rating agency says

Steel tariffs hurt US industry, Brazilian association says

Economy & Policy Regulation Politics

Brazil Steel Institute points out that US mills rely on semi-finished products from South America to keep running

Honduras seeks to restructure multilateral loans

Loans Corporate & Sovereign Strategy Debt

President Hernández cites the costs of climate change and tells a UN conference that it is "just and moral" to request renegotiations

Fernández refuses remaining IMF credit

Bonds Debt Capital Markets

President-elect also says he will open talks with creditors to renegotiate Argentina's 2020 and 2023 bonds

Santa Catarina seeks IBRD loan

Loans Politics Economy & Policy

State government wants to pay back Bank of America with money from the World Bank

Argentina's renewable energy sector puts new projects on standby

Project & Infrastructure Finance Energy Renewable

Companies and investors see huge growth potential for solar and wind projects, but they lack the capital to do much about it

Peru charts record low yields on latest bond sale

Bonds Debt Capital Markets

Less than two months after a constitutional crisis, investors show confidence in Peru's macroeconomic policies and pile into a $3 bln debt deal in local currency

Argentine companies put lid on investment during political transition

Corporate & Sovereign Strategy Economy & Policy Regulation

Executives wonder what the next administration will do to revive the economy and cut interest rates

Ecuador bonds fall after economic bill fails

Asset Management Bonds Debt

Government faces a $1.6 bln funding gap in 2020 and a "challenging" debt repayment schedule in 2022, according to Moody's

Costa Rica readies next bond sale

Asset Management Bonds Debt

Finance Ministry will ask the Legislative Assembly to approve another $4.5 bln in international notes at the end of November

Mexico reduces rates again

Economy & Policy Bonds Fixed Income

Banxico lowers the benchmark lending rate by 25 bps to 7.5% in the third cut in a row

Fonplata discusses new financing program for Argentina

Loans Debt Project & Infrastructure Finance

Regional development bank could provide $1 bln in funding during the administration of President-elect Alberto Fernández

Argentine pipeline may rely on multilateral lenders

Project & Infrastructure Finance Loans Debt

Potential bidders say the country's economic crisis has made financing too expensive

Political change in Bolivia heartens foreign investors

Economy & Policy Bonds Debt

Next administration has to cut spending and lower debt to regain credibility and set up a possible return to the cross-border bond market, according to sources

Foreign investors support Barbados bond swap

Asset Management Bonds Debt

Creditor committee endorses a $500 mln debt exchange with the island nation and expects other bondholders to participate