Chilean company enters deal to sell a majority stake in Cela in Mendoza to its business partners
Category: Coronavirus
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Argentina finds funds for fiber optics, vaccines
South America’s second-largest economy takes out two loans for $100 mln each from the IDB and the EIB
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M&A growth wanes in Brazilian healthcare sector
Well-capitalized groups and investment funds have sustained M&A activity in 2021, but cross-border deals are declining, Deloitte says
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Peru accepts IBRD loan
South American country gets $68 mln to improve its response to public health emergencies
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Mexico not expected to draw from IMF credit line
Mexico has no need to tap a $50 bln FCL because it has enough reserves to face a crisis, analyst says
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Moody’s sinks Cuba deeper into junk territory
Rating agency downgrades the Caribbean nation as sanctions and the COVID-19 pandemic limit the government’s ability to pay external debt
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Genomma Lab may raise debt to produce vaccines
Mexican pharmaceutical company forms a JV with Israel’s Oramed to make and market oral COVID-19 vaccines in Latin America
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Bolivariano borrows from IDB Invest
Ecuadorean lender gets an eight-year loan for $30 mln to increase financing for SMEs
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IDB funds recovery in Colombia, Ecuador
US-based development bank lends $800 mln to Colombia and $500 mln to Ecuador along with a $400 mln contingency loan to Guatemala
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IRSA uses asset sales to finance projects
Argentine real estate developer sees chances to “monetize” its portfolio to raise funds for investments, CFO says