Finance secretary says government will stick to its guns on FX policy and higher interest rates ahead of midterm elections
Category: Argentina
Posted inDaily Brief
Celulosa files for bankruptcy
Argentine papermaker seeks protection from creditors after failing to restructure its bonds or find new investors
Posted inDaily Brief
Argentine corporates hit with higher borrowing costs
An overvalued currency, a surge in political risk and higher local interest rates are even making it dearer to raise funds in pesos and dollars
Posted inDaily Brief
Argentine power distributors land loans
EDEA, EDEN pick up funds from a syndicate of local banks
Posted inDaily Brief
Three firms turn to IDB Invest for financing
Development bank is considering loan requests from Argentina’s Plaza Logística, Brazil’s Corsan and Peru’s Total Servicios Financiero
Posted inDaily Brief
Milei says Argentine interest rates to drop
President says borrowing costs will fall as political tensions subside after the October 26 midterm elections
Posted inDaily Brief
Celulosa seeks new investors
Argentine papermaker has fewer options for a recovery from financial losses after failing to restructure its debt
Posted inDaily Brief
Argentine president seeks to dodge graft allegations
As the country’s sovereign bond risk surges, Milei says former head of a government agency lied about officials taking bribes
Posted inDaily Brief
Newsan buys beauty products maker
Argentine food and electronics conglomerate picks up 40% stake in Cdimex
Posted inDaily Brief
Richmond divests Colombian ops
Pharmaceutical company will use the sale proceeds to boost production in its home market of Argentina