With no oil price stabilization in sight, making it to the other side of the crisis poses a great challenge for major Latin American oil companies.
Category: Asset Management
US fund investors sell LatAm equities even as asset values rise
Lipper fund flow data shows eight straight week of outflows, the longest streak since early 2015
AA2000 negotiates more time to pay loan
Argentine airport operator reaches preliminary deal with banks to defer payments on $120 mln in debt
Santiago subway sets up bond sale
Metro could raise $1.5 bln in a two-part deal to refinance debt from expansion projects
LatAm high-yield issues drop in first quarter
Moody’s expects bond sales to stay “subdued” in the second quarter as the coronavirus takes an economic toll
Petroamazonas asks for extension
Ecuadorian state-run oil company wants to defer interest payments and delay the due date on its 2020 bonds
Copa prices private placement
Panamanian airline puts the coupon at 4.5% for at least $350 mln in new five-year notes
Copa schedules private placement
Panamanian airline could raise more than $400 mln in funding as revenues plummet during the coronavirus crisis
Bondholders snub Buenos Aires restructuring offer
Creditors call on the province to abandon its “unilateral stance” in restructuring proposal
Enjoy deals to avoid default
Chilean casino operator says some creditors are supportive, but others are reluctant to renegotiate debt
