Enrique Cristofani Argentina’s banks, a pillar of strength before the country slid into recession in 1998, are facing an uncertain future. As Argentina enters its fourth year of recession, preparing […]
Category: Argentina
So long, Farewell Aerolineas
The Argentine national airline is in private hands, 11 years after it was privatized. But nobody is saying what the new owners paid for one of Latin America’s worst airlines.
How Long Can It Go?
The September terrorist attacks on US soil and Operation Enduring Freedom temporarily deflected attention from Argentina’s deteriorating financial situation. But the unflattering glare quickly found its way back to the […]
MarketWatch
Argentine Bank Deposits Slide Bank deposits in Argentina peaked in February at $75.17 billion but have fallen almost every month since. Deposit levels are an indicator of the ebb in […]
The Glitter is Gone
Under Juan Navarro, the Exxel Group shot to fame as Argentina’s most savvy leveraged buyout firm. But some of its companies are in financial trouble as Navarro’s financial and management expertise is lacking luster.
The Investors’ Club
Nearly all sources of conventional financing for Argentine companies have dried up. Several local financiers have come up with some new ideas for finding financing fresh management and talent for local companies.
A Future or a Fall?
The Argentine government is taking a stab at reviving the country’s feeble capital markets but it has tremendous, perhaps insurmountable, hurdles to overcome.
Emphasizing the Positive
Argentina has cast a long shadow over the region, but a select group of issuers can still raise capital in any form, as long as they get the price, structure and timing right.
Learning the Hard Way
Argentina is sunk in a national depression. The country needs bold action to deal with its problems. But the government of Presidente Fernando de la Rúa is losing control.
Pecom Energia Tides Itself Over
With investors even more skittish, Argentine companies are relying on their relationship banks for financing. Pecom’s unsecured note is carrying the company through a rough time in the markets.
