Rating agency also drops FDN, Findeter and Davivienda from investment grade
Category: Bonds
Posted inDaily Brief
IDB hops back in to Kangaroo bonds
US-based development bank adds $212 million to its 2028 notes with ANZ, CBA and JPMorgan as bookrunners
Posted inDaily Brief
Belize asks bondholders for more time
Central American nation wants to extend a grace period until September 19, but creditors have yet to consider the proposal
Posted inDaily Brief
Inter, ABC Brasil form capital markets partnership
Brazilian bank brings real estate focus to the tie-up as the Bahrain-based lender’s local division adds infra bonds and private placements
Posted inDaily Brief
Minsur takes out loan for bond buyback
Peruvian miner borrows up to $300 mln from Bank of America and Santander to repurchase its 2024 bonds
Posted inDaily Brief
Bancóldex pulls bonds after Colombian downgrade
State-owned export credit agency calls off a $190 mln deal after S&P drops the sovereign to junk territory
Posted inDaily Brief
S&P cuts Colombia to junk status
Rating agency cites “persistent fiscal weakness” as a reason for the downgrade, but the government pledges to “strengthen” investor confidence
Posted inDaily Brief
Gruma refinances debt in local bond market
Mexican tortilla maker raises $101 mln to pay off a loan that comes due in September this year
Posted inDaily Brief
Moody’s sees politics putting pressure on Chile’s ratings
Rating agency maintains a negative outlook despite a robust economic recovery in the South American country
Posted inDaily Brief
Isagen sells bonds in the local market
Colombian energy company raises $219 mln in a three-part deal with notes due in 2026, 2029 and 2041