Colombian lender prices $500 mln worth of perpetual non-call 10 Tier 1 bonds to yield 6.65%
Category: Fitch Ratings
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Metro de Panamá adds to financing for Line 2
Apollo Global invests in a $38 mln private placement to fund an extension to the rapid transit system in Panama City
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Funding needs leave Brazil open to shocks, Fitch says
South American nation faces $239 bln in local debt maturities this year alone, according to the rating agency
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Planigrupo plans to sell local notes
Mexican shopping center administrator looks to raise $49 mln to pay off debt
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Fitch upgrades Axtel after asset sales
Rating agency boosts the Mexican telco by one notch to BB and says leverage will fall below 2.5 times EBITDA in 2022
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TV Azteca falls into default
Mexican media company fails to make up a missing interest payment after a 30-day grace period but stays on top of local debt
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LatAm’s new issuers face FX pressures, Fitch says
Rising rates in US expose some first-time bond sellers to a mismatch in revenues, rating agency says in a report
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Fitch downgrades Sura’s asset management business
Sura AM faces “downside risks” as the economic impact of the COVID-19 pandemic remains unclear, rating agency says
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Fitch upgrades YPF to CCC
Rating agency says Argentina’s state-owned energy will save around $105 mln in annual interest payments after a recent restructuring deal
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Fitch casts negative outlook on Guatemala’s ratings
Rating agency also downgrades the country’s 2026 notes to C from BB-