Multilateral lender now expects the region to grow 4.4% this year as a post-pandemic recovery presents a chance for “significant transformation”
Category: Coronavirus
Posted inDaily Brief
Buenos Aires province vows to pay debts despite lawsuit
Governor says bondholders are trying to extort Argentina’s largest province
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Argentina, IMF move forward on debt negotiations
Sovereign issuer wants more time to pay and possibly a lower interest rate
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IDB renews partnership with JICA
Japanese lender and US-based development bank reaffirm their $3 bln co-financing commitment
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Belize bondholders form negotiating committee
Creditors organize as the government attempts a fifth restructuring since 2007
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Gol ups offer for loyalty program
Brazilian airline increases the premium to buy out minority shareholders to 47.9%
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Bondholders spare Suriname from default for now
Creditors’ committee asks the government for more information on proposed economic reforms and projected oil royalties
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Bondholders sue Buenos Aires province
GoldenTree-led group says Argentina’s biggest province can improve its offer
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Grupo Axo axes C&A deal
Mexican retail group blames the COVID-19 pandemic for abandoning an offer to buy the European clothing store’s local business
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Argentina plans to borrow $2 bln from World Bank this year
Funds will go to climate, infrastructure, social welfare and other projects, economy minister says