Brazilian mid-sized lender becomes the fifth prospective issuer to cancel or delay a share sale in just over a week
Category: Coronavirus
Posted inDaily Brief
Petrobras postpones refinery sales
Brazil’s state-owned oil company also asks to draw $8 bln from revolving credit lines to maintain liquidity in crisis
Posted inDaily Brief
Argentina swaps $4.8 bln in local notes
Government had sought to extend the maturities on more than $8 billion, looking to get a financial breather during the coronavirus outbreak
Posted inDaily Brief
LatAm 2020 economic recovery ‘will not happen’ – IMF
Expectations ratcheted down by IMF, banks as COVID-19 rates rise in region
Posted inWeb Articles
LatAm 2020 economic recovery “will not happen” – IMF
Expectations ratcheted down by IMF, banks as COVID-19 rates rise in region
Posted inDaily Brief
Brazilian IPO market slows as coronavirus spreads
Four prospective issuers have cancelled or suspended stock market debuts since last week
Posted inDaily Brief
Venezuelan opposition critical of Maduro’s $5 bln IMF plea
Opposition sees ulterior motives in Maduro’s COVID-19 loan request
Posted inDaily Brief
Brazil cuts rates in ‘challenging’ environment
Central bank lowers the Selic by 50 bps to 3.75% in response to the economic fallout from the coronavirus outbreak
Posted inDaily Brief
Argentina seeks to extend maturities on $7.9 bln in local bonds
Government wants time for foreign-law debt restructuring and extraordinary spending during COVID-19 crisis
Posted inDaily Brief
Hidrovias also puts off IPO
Brazilian waterway operator becomes the fourth company to delay a planned share sale this month