Central American financial services group is expected to issue $300 mln in five-year notes to fund a buyback of 2024 bonds, source says.
Category: Central America
Promerica to issue bonds to fund buyback
Central American financial services group is expected to raise fresh debt to repurchase up to $200 mln in 9.7% 2024 notes, source says
EPM unit bags loan from IDB Invest, Scotiabank
Colombian utility’s power division in Panama borrows $100 mln to expands its electricity network
El Salvador names interim finance minister
Jerson Posada steps in for Alejandro Zelaya, who moves on to Central American development bank CABEI
Bladex keeps tabs on bond market
Panama City-based trade finance bank will consider private and public offerings after issuing $238 mln in Mexico last week, treasury head says
Bladex prints bonds in Mexico
Panama City-based trade finance bank raises $237 mln in a two-part deal in pesos
Lawyers forecast fall in LatAm M&A
Deals are expected to fall 30% to 40% in the second half of 2023 due to the “complicated political situation” in several countries, Foley & Lardner partners say
Fitch promotes Promerica to B+
Rating agency rewards the Central American financial services group for higher profits and improved capital structure
Clivi talks financing with US investors
Mexican healthcare start-up is already discussing a Series A round after raising $10 mln in seed funding, CEO says
EPM eyes Central American expansion
Medellín city-owned utility plans to set up a subsidiary in Panama and look for renewable energy investments outside Colombia
