For bond investors, oil production is a major variable in the country’s proposed debt restructuring
Category: Debt
Posted inDaily Brief
Chubut secures post-refinancing upgrade
Fitch boosts Argentine province to CCC- after it issued bonds to repay debt, but warns against relying on royalty revenue
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Banco do Brasil lands EU funding
Brazilian bank plans to support women entrepreneurs in the Amazon region using an EIB loan
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Engie seeks fresh IFC financing in Chile
French firm’s Chilean unit requests funding for renewable energy projects
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Mexico prices sustainable bonds in Japan
Sovereign taps the samurai market for the first time in two years ahead of a possible increase in interest rates
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Petrobras to redeem global bonds
Brazilian oil firm will retire the $1.1 bln left on its 2028 notes using cash, which analyst says will reduce its exposure to FX and rates
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Habib’s joins Brazil restructuring wave
Fast-food chain joins a growing list of financially troubled firms, but Brazil’s deputy finance minister doesn’t see a systemic problem
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Mastellone gets capital injection
Argentine dairy producer will use the capital contribution to repay bank debt, two months after repaying a 10.95% bond
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Chile refreshes IMF line as risks persist
The Fund approves Chile’s fourth flexible credit line since 2020, providing “a buffer against tail risks” amid geopolitical tensions
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OSX, Lupatech advance restructuring plans
Brazilian shipyard operator and oil equipment manufacturer secure the support of a majority of their creditors