Structured Finance

LatAm, Caribbean face destabilizing capital movements as financing needs grow, CEPAL says  

Economy & Policy Corporate & Sovereign Strategy Capital Markets

Highly indebted middle-income countries must be included in debt alleviation, low interest financing, according to UN commission

Guatemala stuffs order books in bond return  

Bonds Debt Capital Markets

Sovereign issuer receives more than $8 bln in orders in a two-part deal that raises $1.2 bln for COVID-19 response

Argentina's restructuring offer could push it to default  

Asset Management Bonds Debt

Analysts say bondholders may reject the proposal, but add there is still leeway for negotiations

Argentina proposes 62% cut in interest payments  

Asset Management Bonds Debt

Government's offer to restructure foreign-law bonds also calls for a three-year grace period

Argentina files to sell $52 bln in fresh debt  

Asset Management Bonds Debt

Government says it could issue new notes to refinance, repurchase or retire local and foreign bonds

Brazil drafts aid package for states and cities  

Economy & Policy Corporate & Sovereign Strategy Structured Finance

Chamber of Deputies earmarks $15.5 bln to make up for lost tax revenues during the coronavirus outbreak

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