Structured Finance

S&P cuts Ecuador to CCC-

Bonds Debt Capital Markets

Rating agency says default "appears inevitable" within six months

Argentina eyes five-year deferment for IMF debt payments  

Asset Management Bonds Debt

President Fernández reiterates that the government cannot pay off debt until the economy recovers from a worsening recession

Ecuador seeking emergency financing to help battle COVID-19  

Bonds Debt Capital Markets

IMF says Ecuador will seek help through Rapid Financing Instrument

Coronavirus outbreak puts brakes on project finance  

Project & Infrastructure Finance Loans Corporate & Sovereign Strategy

Lenders focus on reviewing their portfolios and providing short-term liquidity, rather than drumming up new deals

Petrobras presses divestments forward after oil price plunge  

Asset Management Bonds Debt

Brazilian oil company may have to execute a u-turn, oil and gas specialists say

Emerging market outflows exceed $50 bln since outbreak

Funds Asset Management Corporate & Sovereign Strategy

Outflows are already twice as much as during the financial crisis of 2008, according to the IIF

LatAm issuers test resilience as local currencies fall

Asset Management Bonds Debt

International investors will demand higher yields to cover additional risk, but some corporate borrowers can turn to local bond markets, sources say

Argentina may face higher restructuring costs

Asset Management Bonds Debt

Market rout could also expose the country to vulture funds that may refuse to accept any offer from the government

Eletrobras receives green bond certification

Bonds Debt Capital Markets

Brazil's state-owned power company gets authorization from the CBI

FEATURE: LatAm companies, investors navigate around coronavirus  

Asset Management Bonds Debt

Brazilian fixed-term instruments receiving growing interest from investors in wake of virus crisis

Argentina's bondholders prepare for 'serious haircut'

Asset Management Bonds Debt

With support from the IMF, the government prepares what is expected to be an "unfriendly" restructuring offer as payments loom, sources say

Mexico presents SDG bonds to European investors

Asset Management Bonds Debt

Sovereign issuer hires BNP Paribas, Crédit Agricole and Natixis to arrange a deal after an upcoming roadshow

Banorte offers financing for Danish imports

Loans Structured Finance Debt

Mexican lender signs an agreement with the Danish export credit agency EKF

Grupo Mega lands five-year bond deal

Bonds Debt Capital Markets

Mexican small-business lender gets a good price for $350 mln worth of 2025 notes, investor says

Clearing Brazil's muddy waters

Corporate & Sovereign Strategy Capital Markets Debt

New sanitation law to clean up dirty waters making a splash