Leading corporate executives express concern about Mexico’s economy and investment climate, though they see promising activity in the capital markets. President Andrés Manuel López Obrador’s first months in office have been marked by his pledge to pursue an ambitious economic and social agenda. But a slowing domestic economy, tensions with Mexico’s business leaders and an […]
Category: Magazine
CEO LETTER: A NEW LOOK
Dear Reader, Most good things need refreshing once in while, not least magazines – and especially in an age where the printed word is more and more scarce. LatinFinance has evolved considerably over the past 30 years to incorporate a digital news platform and a diverse range of financial events. But our magazine has only […]
VIEWPOINT: WHAT TO WATCH
From Brazil’s lackluster economic growth to a possible resurgence in green bonds to a showdown over Venezuela’s debt, the second half of the year will be notable for some key events and developments. VISA AND FINTECHS What’s the best way to disrupt a deep-seated tradition? Team up with other disruptors. That best explains why Visa […]
MARKET TALK: H2.2019
Strategists forecast a slowdown in capital market activity in the second half as corporate financing demand eases and economic concerns grow; bright spots remain for discerning investors. BONDS Mark Tuttle, Co-Head of Investment Banking, Mizuho Expect the slowdown in cross-border bond issuance to carry into the second half now that many companies have already satisfied […]
FOR SALE
A wave of privatizations could reduce the number of state-owned enterprises, filling government coffers and revitalizing some companies. No sooner did Brazilian President Jair Bolsonaro announce his intention to sell off government companies to reduce the country’s bloated bureaucracy than private equity investors from around the world began sizing up the portfolio of state-controlled enterprises. […]
PROFILES
A look at three state-owned companies in Brazil attracting investor interest. BR MANIA Convenience stores Revenue: R$53 million (2017), R$50 million (2018)Profit: Not disclosedEstimated value: R$800 million BR Mania, a subsidiary of Rio de Janeiro-based BR Distribuidora, Brazil’s biggest fuel distributor, operates a network of franchise convenience stores at gas stations owned by its parent. Investors see this […]
ALTERNATIVE SOLUTIONS
As Argentina’s presidential race heats up, candidates suggest the country should consider renegotiating its agreement with the International Monetary Fund. In the run-up to Argentina’s October presidential election, ghosts loom large. The economy is again mired in crisis, at times reminiscent of 2001, when Argentina defaulted on its debt and plunged into the worst economic […]
THE LITTLE MARKET THAT MAY
Even as the country wades through a financial crisis, Argentina’s stock market is creating equity products to expand one of the region’s smallest capital markets. Argentina’s capital markets are volatile. Frequent economic and political upheavals have wiped out gains all too often, discouraging investors from trading and companies from going public. Last year, the country’s […]
UNFINISHED BUSINESS
As a fiscal reform package is rolled out, many warn more measures are needed to reduce the government’s heavy debt load. Costa Rican President Carlos Alvarado marked his first anniversary in office on May 8 by proclaiming that the country’s economy is finally on the mend after a grueling battle to get a fiscal reform […]
ROCÍO AGUILAR
Costa Rica’s finance minister says the biggest challenge facing her country is implementing fiscal reform over the next year. Months after passing a hard-fought fiscal reform package, Costa Rica is looking to return to the international debt markets. The administration of President Carlos Alvarado is hoping the measures have calmed investors’ worries about the country’s […]