Leading banks in Latin America and the Caribbean pursue assorted strategies as the region emerges from an economic slowdown. Some turn to M&A, while others focus on building their loan books, but all have growth in mind.
Category: Argentina
Posted inDaily Brief
Argentina piles on debt with triple-tranche euro effort
Argentina printed €2.75bn ($3.2bn) across three series of euro-denominated paper on Thursday, all but wrapping up its external funding needs for 2017.
Posted inDaily Brief
Medanito signs loan
Argentine energy company Medanito has signed off on an $80m syndicated loan, a statement from law firm Tavarone, Rovelli, Salim & Miani showed.
Posted inDaily Brief
Three banks lend to Argentine gas unit
Transportadora de Gas del Norte (TGN) got $220m in three-year syndicated funding from Citi, ICBC and Itau Unibanco, a statement on Argentina’s CNV showed.
Posted inDaily Brief
Hipotecario fails to reel in pricing on latest peso trade
Banco Hipotecario sold ARS6.3bn ($358m) in 2022 Argentine peso-denominated bonds on Wednesday, pricing the Rule 144A/Reg S notes in line with initial price talk.
Posted inDaily Brief
Loma stock soars on market debut
Loma Negra’s stock soared on its debut in the New York Stock Exchange after investors piled into a $954m IPO that easily priced at the top of a suggested range.
Posted inDaily Brief
Banco Hipotecario sets IPTs on local currency offering
Argentine lender remains on course for a $300m 2022 transaction today
Posted inDaily Brief
Argentina ups monetary policy
Argentina’s central bank hiked its monetary policy rate to 27.75% from 26.25% in a bid to lower the country’s inflation rate.
Posted inWeb Articles
LatAm ECM proves a tale of three
The region’s equity market has soared this year and after a ripping October where at least eight transactions crossed the tape, bankers expect another wave of offerings through the year-end
Posted inDaily Brief
Argentina’s Hipotecario starts meetings
Banco Hipotecario picked Credit Suisse and JPMorgan for a Rule 144A/Reg S peso-denominated bond sale that could swell to an equivalent of $400m.