Although Panama is tantalizingly close to attaining investment-grade status, an upgrade may elude the country for some time yet.
Category: 2005
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Closing the Book
Those familiar with the deal call it the “telephone book.” The 730-page document details a $1.37 billion debt agreement worked out between Banco de Galicia y Buenos Aires and its […]
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High Expectations
Martin Torrijos ran for the presidency with a promise to create a Patria Nueva – a new fatherland. Now, five months after his inauguration, his constituents say it’s time for him to deliver.
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Strategic Structuring
Syndicated loan volumes are steadily declining as companies turn more and more to the capital markets. Bankers for their part have responded by designing highly structured loan packages. The best […]
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Colombia Securitizes Mortgages
Securitization – repackaging mortgages into tradable securities – became popular in Colombia long before it started to catch on in other Latin American countries. Now Colombia has taken another important step forward […]
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Copper Comeback
Once a company on the ropes, Grupo México has engineered a complex, $4.1 billion corporate reconfiguration to put its financial house in order. Advised by UBS, it undertook a $4.1 […]
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Testing the Waters
Telefónica de Argentina took a bold step in May, issuing something the country had nearly forgotten in the years since its 2001 default: a peso-denominated corporate bond. “We knew that […]