Argentine home goods retailer misses interest payments on eight bonds as the coronavirus shutdown slashes sales
Category: Debt
Posted inDaily Brief
Lojas Renner lines up local debt sale
Brazilian retailer plans to raise $96 mln to maintain “minimum strategic cash flow” after closing stores to stem the coronavirus outbreak
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Buenos Aires to restructure $7.15 bln in international bonds
Argentina’s biggest province asks investors to agree to a grace period, longer maturities and lower coupons
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Mexican banking sector displays resilience in crisis
As the economy faces its sharpest drop since 1994, banks are expected to withstand short-term shocks, sources say
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Fitch puts Argentina in restricted default
Government plan to delay payments on local-law debt triggers decision, rating agency says
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BCP increases bond limit
Peruvian lender puts the new limit at $8 bln as shareholders agree to add $250 mln in capital
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CCR unit sells local notes
Via Mobilidade issues $133 mln in 10-year debentures to fund works on two São Paulo metro lines
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Argentina postpones payment on local bonds
Government gains time to restructure $83 bln in external debt, sources say
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AMLO calls for new ‘Marshall Plan’ for coronavirus recovery
Mexican president says a support plan is needed for poor countries, rather than “predatory loans”
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Moody’s drops Argentina deeper into junk territory
Negative outlook reflects risk that investor losses in restructuring may go beyond 65%