Brazilian cement maker is suffering from low sales and high leverage, rating agency says
Author Archives: Jennifer P. Roig
Cotuco refinances loan
Mexican tunnel concessionaire adds to a facility from Banobras and Santander
Banks open syndication for Grupo R loan
Mexican conglomerate will use the proceeds to finance the construction of oil drilling platforms
Avianca names new CEO
Hernan Rincon takes over the Colombian airline after leading Microsoft in Latin America
Argentine Senate passes holdout bill
A deal will not take effect if a US federal appeals court does not lift injunctions that ban the sovereign from issuing cross-border bonds
Latam gets revolver
Chilean airline says its expects to increase the three-year facility before the end of the month
CHS seeks syndicated loan
Credit Agricole is leading the pre-export credit facility, while another five or six banks could join the deal
Moody’s cuts Pemex
Rating agency says the Mexican state-owned oil company’s ratings are affected by weak credit metrics and adverse market conditions
Argentina awaits US appeals court ruling
Senate approves proposal to settle with holdout creditors, but US court ruling could decide Argentina’s cross-border funding opportunities
Moody’s cuts Andrade Gutierrez
Rating agency says corruption allegations and a downturn in the construction industry have hurt the Brazilian builder’s finances
