With many countries in urgent need of infrastructure and several jumbo deals ready to jump off the drawing board, 2008 may be the year of project finance.
Category: 2007
Argentina: A New Milonga
Argentina may be the credit international investors hate to love. But one of the most solid economies in the region is on the verge of a positive political transition.
Bank Market Tide Turns
It’s been a long time coming, but margins are finally starting to creep up for LatAm borrowers. Direction depends on how ugly things get in the US.
Brazilian Farms Go Public
Farmers are the latest participants in the Brazilian IPO frenzy. The window is attractive for cashing in on high commodity prices, but the path is not clearly plowed for all.
Brazilian Funds Look Overseas
Hedge funds in Brazil are attempting increasingly complex strategies to generate yield. But a lack of local options is driving them to overseas alternatives.
Curb Your Enthusiasm
Bankers expect a drop in equity volume in 2008, though flow should be bolstered by follow-ons and a pickup in deals outside Brazil.
Debut Mexico REIT on the Way
An inaugural Mexican REIT failed to launch earlier this year for tax reasons. However, bankers hope for a boom once the first is out of the gates in 2008.
Durango Comes Roaring Back
Durango is making a comeback with liability management plans for 2008. It sees strong growth at home and limited fallout from the US.
End of the Boom?
LatAm is hobbled by developed markets as it rolls into 2008. The upside may be restricted but the downside is also contained.
Jamaica Gets Down to Business
After years of malaise, Jamaicans are hopeful that a new government will bring a change in economic policy. The private sector welcomes early encouraging signs.
