As the transaction pipeline grows, investment banks in Brazil and Argentina see tighter races for mandates and a squeeze on fees. But simply hiring more staff may not be the answer
Category: Capital Markets
LatAm equity markets heat up again
A turnaround in the equity markets of Brazil and Argentina has set the stage for a transformational 2018. With economic reforms on the horizon, companies are telling investors just what sets them apart
Bondholders brace for Venezuelan default
Venezuela is edging closer to default on its foreign debt as vulture funds snap up the country’s bonds and push an acceleration clause for missed coupon payments
Genneia ponders fresh 2024 trade
Argentine power company may raise $300m in new bonds or tap its existing 2022s, sources say
Locamerica charts real-denominated acquisition funding
Brazilian car rental company snares approval for a $155m local market transaction
Rede D’Or targets CRI investors
Brazilian hospital operator follows up its cross-border efforts with a local securitization trade
Corporacion America sets price range, date for IPO
Argentine airport operator starts meetings in the US, LatAm and Europe ahead of a potential $750m equity sale
Mizuho MD departs
Carlos Vargas leaves the Japanese bank’s LatAm DCM desk after almost eight years
Unifin books meetings ahead of sub-perp sale
Mexican financial services firm hits up accounts in Asia, Europe and the US, selects four banks to coordinate the bookbuilding
AES Tiete circles bond buyers for real paper
Brazilian energy generator seeks roughly $342m across a dual-tranche transaction
