Colombian airline agrees to form a new company with Viva to reduce costs and bolster growth after emerging from bankruptcy
Category: Coronavirus
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Santiago subway names new chairman
Guillermo Muñoz takes over at state-owned Metro as Clínica Las Condes sacks its CEO
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Multitiendas Corona pulls out of bankruptcy
Chilean retailer pays off $25 mln in bank loans after a rise in sales and now seeks fresh financing
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Enjoy to sell new shares
Chilean casino company plans to issue $250 mln in stock as part of a merger with Dreams
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Argentina gains access to IMF fund
South American government is allowed to tap $1.3 bln in financing to confront climate change and COVID-19
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World Bank approves new loan to Peru
US-based multilateral lender grants $500 mln for ESG investments in a “green economic recovery”
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Itaú buys into fintechs in Uruguay
Brazilian bank picks up 30% stakes in Prex and Paigo in a bid to expand into the low-income market in Latin America
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Enjoy emerges from bankruptcy
Chilean company has restructured its debt, sold assets and merged with a rival
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IDB backs economic reforms in Suriname
US-based development also grants $260 mln for transmission lines in Paraguay and $100 mln to address the COVID-19 pandemic in Jamaica
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LATAM seeks more DIP financing
Chilean airline requests another $300 mln as it climbs out of bankruptcy