Category: 2025 Deals of the Year Awards

Any time Codelco comes to market, investors expect a benchmark transaction: size, duration, disciplined execution and pricing that reflects both Chile’s sovereign strength and the copper producer’s own credit standing. […]

Argentina’s standing as a global agricultural powerhouse is well established, but few provinces embody that strength as fully as Córdoba. Home to the country’s second-largest population and a diversified production […]

In a year marked by volatile markets, geopolitical shocks and selective investor risk appetite, JBS delivered one of the most comprehensive and convincing capital markets performances ever seen from a […]

El Salvador’s Comisión Ejecutiva Hidroeléctrica del Río Lempa rewrote the country’s capital-markets playbook in 2025 with an inaugural international bond that combined scale, structure and timing in a way few […]

Water security sits at the heart of El Salvador’s most ambitious sovereign liability management exercise to date, a landmark $1 billion debt-for-nature swap that combines balance sheet relief with long-term […]

South America’s commodity powerhouses rely on infrastructure corridors to move product to market. Few are as critical — or as underappreciated — as the Paraná–Paraguay Waterway, a 4,000-kilometer river system […]

A carefully timed return to the international capital markets, combined with a clear social mandate and robust execution, sees Caixa Econômica Federal’s $700 million social bond — which wins the […]

In a year when Brazil’s capital markets slowed and deal windows narrowed, BTG Pactual pushed in the opposite direction. The São Paulo-based bank expanded its footprint across debt, equity and […]

Equity capital markets in Latin America remained selective and fragile in 2025. Liquidity was concentrated in a small number of issuers, volatility persisted in Brazil and most markets saw only […]

The mandate of development finance institutions is often described in simple terms: provide long-term capital on reasonable terms while mobilizing private investment to support economic growth. In practice, few transactions […]