Syndicated lending has become the unlikely star of the Latin American financing show, with ever larger transactions at increasingly tight pricing.
Category: Loans
Posted inDaily Brief
Colombia Issues $400 Million 10-year Debt
Colombia has issued $400 million 10-year debt at 180bp over three-month Libor. The issue will mature on 16 November 2015. The issue was rated Ba2 by Moody’s Investors Service and BB by Standard & Poor’s and was being arranged by JP Morgan.
Posted inMagazine
Microfinance Break
Microfinance firms could grow more rapidly if only they could access financial markets. Mexico’s Financiera Compartamos has engineered a bond deal that represents a significant advance in breaking down some […]
Posted inMagazine
Strategic Structuring
Syndicated loan volumes are steadily declining as companies turn more and more to the capital markets. Bankers for their part have responded by designing highly structured loan packages. The best […]
Posted inMagazine
The Loan-Bond Tag Team
Syndicated lending has lost ground as a stand-alone business and is now part of a suite of international and local debt products offered by banks.
Posted inMagazine
MarketWatch
Latin Loans Still Slack Bank lending to Latin America has never recovered from the debt crises of the 1980s, when negotiators repackaged defaulted sovereign loans as Brady bonds and gave […]