Global local currency bonds were a popular fundraising option in 2017, but new issues have slowed down this year as investors look to avoid exchange rate risk amid market uncertainty.
Author Archives: Peter Agra
Posted inDaily Brief
Petrobras redeems two series of 2020s
Brazilian state-backed energy company might spend up to $1.4bn to get back its 5.75% and 4.875% securities
Posted inDaily Brief
Iguatemi eyes new debenture issuance
Brazilian mall developer and operator gets the nod for a potential $56m local currency transaction
Posted inDaily Brief
Coruripe readies CRA sale
Brazilian sugar, ethanol producer submits paperwork for $56m local securitization
Posted inDaily Brief
Venezuela pens PDVSA obligation
State-owned oil company starts process over a $107m payment on its 2020 bonds
Posted inDaily Brief
Andrade unit cut after missed payment
Fitch downgrades the Brazilian construction entity after it missed a $325m obligation
Posted inDaily Brief
Coruripe keeps debut issuance alive
Brazilian sugar, ethanol producer takes more investor calls, gives buyside time to digest a potential $350m bond
Posted inDaily Brief
Codelco debuts in Formosa market
Chilean state-owned miner raises $600m among Taiwan’s investor base
Posted inDaily Brief
Intervias outlines four-part debenture sale
Brazilian toll road operator charts investors for up to $228m in bonds maturing between 2020 and 2025
Posted inDaily Brief
Telecom Argentina books investor meetings
Newly-merged entity picks three bookrunners in its search for a $1bn for capex, debt refinancing