Multilateral lender arranges $37.5 mln in financing for the Salvadoran lender, including $12.5 mln from the China Fund
Category: Central America
Posted inDaily Brief
Belize creditors organize committee to address payment moratorium request
Committee recognizes economic strains of pandemic, highlights prior restructurings have already given $200 million in debt service relief
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Belize seeks moratorium on 2034 bond interest payments
Government says COVID-19 pandemic has devastating effect on economy
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Honduras returns to bond market after three years
Central American nation raises $600 mln for state-owned power company ENEE to pay off debt
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Polaris to take over hydro project in Panama
Canadian renewable energy company expects to invest up to $20 mln to finish building the 10 MW Chuspa plant
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IFC names new managers in Central America, Caribbean
Sanaa Abouzaid will run the multilateral lender’s operations from Panama City, while Judith Green takes the helm in Santo Domingo
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IDB completes third bond sale in a week
Latin American development bank raises $4.34 bln for emergency loans to face the COVID-19 pandemic
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S&P cuts Costa Rica on policy uncertainty
Rating agency also casts a negative outlook as Costa Rica feels the strain of its COVID-19 response and rapid rotation of finance ministers
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El Salvador lands more IDB funding
Central America’s most densely populated country gets $250 mln to address the health and economic effects of COVID-19
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CABEI sells Swiss francs in second debt deal this week
Central American development bank finds solid demand for $157 mln in new five-year notes, one day after pricing $375 mln in Formosa bonds