US power company’s subsidiary wants to exchange all $275 mln in 2024 bonds for 9.5% notes that mature in 2027
Category: Corporate & Sovereign Strategy
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Fitch downgrades, casts negative outlook on Pemex
Rating agency cuts Mexico’s state-owned oil company to B+ and questions the government’s willingness to help refinance debt
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Azul lures high-yield investors in ‘peculiar’ bond deal
Brazilian airline prices $800 mln in new 2028 bonds to yield 12.25% as orders peak at $1.9 bln
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Banco Internacional looks to issue bonds next week
Chilean bank is pitching the sale of $500 mln worth of five-year notes to international investors, source says
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Bancolombia puts up cash for bond buyback
Colombian lender aims to repurchase as much as $370 mln worth of 3% 2025 notes
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Vero looks for investor after Americanet merger
Brazilian internet service provider wants to bring in a “strategic investor” as it takes a 56% stake in an all-share tie-up, CEO says
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JBS shares soar on dual listing proposal
Brazilian meatpacker’s stock jumps more than 9% after it announces plans to place common shares on the NYSE and trade BDRs on the B3
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Azul talks pricing for five-year bonds
Brazilian airline puts IPTs in the high-12% area for $700 mln in new notes, source says
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Uruguay wraps up bond buyback
South American nation agrees to repurchase $197 mln in five series of notes in pesos and dollars
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Banco Internacional lines up dollar bonds
Chilean bank plans to sell up to $500 mln in five-year notes, according to S&P