Jamaica-based telecom lists its Pacific Islands business as the guarantor for $914 mln in new notes in a proposed debt exchange
Category: Caribbean
Posted inDaily Brief
Fitch revises Dominican Republic credit outlook to negative from stable
Rating agency affirms BB- ratings but says coronavirus is hitting the tourism sector and remittances
Posted inDaily Brief
EXCLUSIVE: Grenada seeks moratorium on debt payments
Caribbean country cites G20’s decision to suspend IDA nation payments, which could set a precedent
Posted inDaily Brief
Oil companies in Latin America brace for a long haul
With no oil price stabilization in sight, making it to the other side of the crisis poses a great challenge for major Latin American oil companies.
Posted inDaily Brief
US fund investors sell LatAm equities even as asset values rise
Lipper fund flow data shows eight straight week of outflows, the longest streak since early 2015
Posted inDaily Brief
IMF evaluates financing for Ecuador
Fund also approves $650 mln in emergency funding for the Dominican Republic and adds $90 mln to an existing facility for Barbados
Posted inDaily Brief
IMF grants emergency loan for Costa Rica
Fund also approves $66 mln in rapid financing for Dominica, Grenada and Saint Lucia
Posted inWeb Articles
PODCAST: Luis Alberto Moreno
IDB President Luis Alberto Moreno discusses about the bank’s response to the COVID-19 pandemic and its approach to support and recovery in the region
Posted inDaily Brief
LatAm, Caribbean face destabilizing capital movements as financing needs grow, CEPAL says
Highly indebted middle-income countries must be included in debt alleviation, low interest financing, according to UN commission
Posted inDaily Brief
Pandemic slashes tourism, cuts into Caribbean economies
Island nations feel increased fiscal pressure from sharp decline in foreign-currency inflows