It didn’t take long for sustainability-linked bonds to explode following their emergence in 2019, but a surge in adoption gave way to concerns over weak targets, toothless penalties and greenwashing — and as rates rose, issuance volumes collapsed. Yet as issuers redouble sustainability commitments, the market looks poised for a rebound.
Category: 2024 Q1
Posted in2024 Q1
Brazil: Betting Big on Carbon
Brazil is creating what could be the first – and biggest – carbon credit market in Latin America. Progress, however, has been slow and the challenges large, from including the hesitant agribusiness sector to properly verifying carbon offsets in the Amazon rainforest.
Posted inMagazine
Market Talk: Bonds
A surge in optimism in primary bond markets has fueled expectations of a busy first quarter in cross-border markets. Meanwhile deals in local markets are also expected to pick up as interest rates come down sooner than in developed markets, analysts say.
Posted in2024 Q1
Market Talk: Equity
With interest rates coming down in Latin America and poised to follow suit in the United States, the primary equity market is set for a recovery. Follow-on offerings will lead this bounce back, with a few IPOs by big firms in Brazil and Mexico. Argentina may also get back into the game, experts say.
Posted in2024 Q1
Market Talk: M&A
Dealmaking is poised to rise in Latin America as interest rates decline in the region and globally, analysts and executives say.
Posted in2024 Q1
Market Talk: Loans
After rising in the fourth quarter of 2023, loans activity is on track for further gains in early 2024, led by demand for refinancing, project finance and sustainability-linked loans.
Posted in2024 Q1
Sovereign Bonds: Eyeing Opportunity
After nearly two years of subdued volumes, Latin American sovereigns are gearing up to issue a wave of fresh debt.
Posted in2024 Q1
Corporate Liability Management: A Question of Maturity
As expectations gain about a decline in US interest rates, corporate Latin America is considering when to refinance its debts. It may be sooner than later.
Posted in2024 Q1
Mexico Investment: One Way Bet?
Mexico’s presidential election in 2024 is expected to usher in a more business-friendly president, and companies are starting to line up financing to invest in growth. Energy and infrastructure may be the hot sectors.
Posted in2024 Q1
Parting Shot – Sergio Abreu: Fixing a Fractured Region
Sergio Abreu, secretary-general of the Latin American Integration Association (ALADI), spoke with LatinFinance about the importance of widening regional integration and expanding foreign trade for Latin America to progress, including to increase access to financing.