Structured Finance

Ecuador pleads for liquidity relief from creditors  

Asset Management Bonds Debt

Financing gap expands to $3.4 bln as the country reels from the coronavirus outbreak and the fall in oil prices, finance minister says

Argentina to announce debt restructuring soon  

Asset Management Bonds Debt

President Fernández says deal could be tougher than expected due to the impact of the coronavirus on the country's finances

Colombia, DR receive World Bank emergency funds  

Loans Economy & Policy Corporate & Sovereign Strategy

Multilateral lender allocates a total of $515 mln for seven countries in LatAm in less than a week

Argentina postpones payment on local bonds  

Asset Management Bonds Debt

Government gains time to restructure $83 bln in external debt, sources say

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