Latin American markets seem to be treading water, unsure what to do next after last year’s great performance. Bond issuance was its best since 1997, stock markets surged and several […]
Category: Bonds
CAF Blazes a New Trail
The Andean Development Corporation (CAF) has blazed a trail across the international capital markets in the decade since it issued its first bond in the US market. It set another […]
Latest Financial Transactions From The Region
Brazil Gets $1.5 billion as C-Bond Breaks Par Brazil sold $1.5 billion in 30-year bonds, priced to yield 8.75%. Deutsche Bank and Citigroup managed the sale. This was the sovereign’s […]
Uniting a Troubled Region
The Andean Development Corporation (CAF) is one of the most effective development agencies serving Latin America. Last year, it disbursed $3.3 billion in loans to clients in the continent’s most […]
Bladex: Back to Basics
An ill-starred diversification plan at Bladex put it in the cross hairs of Argentina’s collapse. But today the trade finance bank is recapitalized and focusing on traditional lending.
Becoming the Benchmark
Brazil’s C-Bond is more than just another Brady. It is a landmark in the emerging market asset class. It is the largest, most liquid of all the Bradys. Last year’s […]
Latin American League Tables 1988-2002
Latin American League Tables 1988-2002 Top Advisor to Public Sector Bond Issuers JP Morgan Top Bookrunner to Private Sector Bond Issuers JP Morgan Top Arranger of Syndicated Loans JP Morgan […]
Sovereign Report
Mexico Issues Bond With Action Clauses In a landmark deal in February, Mexico became the first sovereign to issue a global bond incorporating innovative collective action clauses. These legal agreements […]
Continental Success for CAF
When Corporación Andina de Fomento (CAF) decided to issue a euro-denominated bond in 2002, it took on a considerable challenge. Unlike the multilateral’s devoted following of US investors, European investors […]
