Mexico’s worst sovereign bond issue in years has unsettled the market and suggests more rough times ahead for LatAm issuers.
Category: 2009
Posted inMagazine
Mexico Corporates: Diamonds in the Rough
The crisis has claimed some high profile Mexican corporate scalps. But there are still some stalwarts worth looking at, say analysts.
Posted inMagazine
PEOPLE: Merrill LatAm Chairman Exits
Merrill Lynch’s Latin America chairman Carlos Gutierrez has left the firm, retiring after 20 years. The exit of such a widely respected veteran financier is a major LatAm loss for Merrill, which is heard under pressure to shrink its regional platform following the sale to Bank of America.
Posted inMagazine
Mexico Local Markets: Reanimating Capital
Mexico’s markets are stalled, but investors remain confident about long-term prospects. Recovery will be painful, but perhaps include long-awaited structural changes.
Posted inMagazine
How to Play LatAm Equity
Brazil, LatAm’s largest and most liquid equity market has in February become the focus of a healthy debate. Analysts disagree on how to play the Bovespa, following a 32% rally on a real basis from October 27 to February 20.
Posted inMagazine
Mexico Private Equity: Stifled Opportunity
Mexico’s companies need private capital more than ever, while seller reluctance and lingering regulatory hurdles deter deals.
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M&A: Energy and Mining Focus
LatAm M&A has been most active in the energy and mining industries, with some deals even surpassing the $1 billion mark.
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Colombia: Ambition Costs
Colombia’s 55 trillion peso ($22 billion) infrastructure investment plan, launched to offset global recession, faces investor skepticism.
Posted inMagazine
Mexican Housing Starts
Proving that Mexico remains a relative hotbed for LatAm securitization, a pair of issuers from the housing sector have surfaced. The two deals carry different degrees of certainty.
Posted inMagazine
T&T Holdco Blows Up
The implosion of one of Trinidad and Tobago’s largest conglomerates deals a double blow to what until last year was among the Caribbean’s most prosperous nations.