Dominican lender could raise up to $350 mln in the sale of 15-year notes in its home market
Category: Caribbean
Posted inDaily Brief
IDB lends to CDB
US-based development bank supplies $50 mln for Caribbean nations to confront natural disasters and global warming
Posted inDaily Brief
Moody’s sinks Cuba deeper into junk territory
Rating agency downgrades the Caribbean nation as sanctions and the COVID-19 pandemic limit the government’s ability to pay external debt
Posted inDaily Brief
CAF drafts green financing plans
South American development banks commits $25 bln over five years to fund the switch to clean energy and reduce greenhouse gas emmissions
Posted inDaily Brief
IDB Invest issues first blue bonds for LatAm
IDB’s private sector affiliate raises $37 mln to finance recovery efforts in tourism and fishing sectors
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Digicel moves closer to upgrade with asset sale
Jamaica-based telco plans to pay off 2024 and 2025 bonds with $1.4 bln in proceeds from the sale of Digicel Pacific, according to Moody’s
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Argentina calls for swapping debt for climate action
President Fernández says it will help developing countries reduce debt and emerge from the COVID-19 crisis
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ContourGlobal refinances Caribbean plants
British power company borrows $124 mln from Scotiabank to service debt at three thermal power plants
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LatAm green bond sales double in two years
Issuers in Chile, Brazil and Mexico represent more than three-quarters of the amount raised since 2019, CBI says
Posted inDaily Brief
Moody’s drops Bahamas deeper into junk status
Rating agency keeps a negative outlook on the Caribbean nation due to a loss of “fiscal strength”