Argentina Picks Advisors Argentina named three international investment banks to advise on restructuring $99.4 billion in sovereign bonds, in default since December 2001. Economy Minister Roberto Lavagna picked UBS Warburg, […]
Category: 2004
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Profitable But Political
Petrobras is one of the few state-owned oil companies in the world that both turns a profit and is relatively efficient. It has suffered little of the corruption, waste and […]
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Capital Market Statistics for 2003
Only available online for subscribers. Includes complete league tables of issuers, bookrunners and M&A transactions.
Posted inMagazine
LatinFinance 2004 Predictor Competition
What will the Mexican peso be worth this time next year and where will Brazil’s C-bond be trading (if at all)? What will happen in Latin America when the Fed raises US interest rates? Who will be the next Latin American leader to be ousted by street protestors?
You can make your predictions for these and many other financial, economic and political events by participating in our LatinFinance 2004 Predictor Competition. The person whose predictions are closest to the mark will win a case of champagne this time next year.
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Brazil’s Newfound Respect
Brazil’s return to the capital markets in April 2003 after a year’s absence was a closely watched event. Any slip up or misreading of the market could end in disaster. […]
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Putting on the Polish
Mexico’s dominant telecommunications company, Teléfonos de México (Telmex), firmly established itself as a polished, global issuer when it placed three-quarters of its $1 billion five-year bond with US high-grade investors […]
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CAF Blazes a New Trail
The Andean Development Corporation (CAF) has blazed a trail across the international capital markets in the decade since it issued its first bond in the US market. It set another […]
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Putting Receivables to Work
Asset-backed bonds, especially those backed by future flows, have become popular among private sector issuers in Mexico. But Comisión Federal de Electricidad (CFE), Mexico’s federal electricity monopoly, in April became […]
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Co-Piloting Capital Raising
Unibanco, one of Brazil’s largest banks, has a solid history of capital markets activity dating back to the 1950s, acting both for itself and its clients. The bank began raising […]
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Putting Thought Into Action
Adam Lerrick is an academic who has cooked up ingenious solutions to financial problems and tested the ideas in real life – such as devising a way to unify Argentina’s bondholders to defend their rights.