Central American development bank sells $375 mln worth of debt, above the $200 mln minimum
Category: Central America
LatAm, Caribbean countries call for new governance, rules for financing
Countries calling for change, COVID-19 related or not
El Salvador gets emergency funds from IDB
Central American nations secures another $250 mln for a $2 bln coronavirus recovery fund
Grenada makes bond payment – creditor
Payment due May 12 arrives, putting off broader question of private creditors abiding by G20 debt suspension call
Belize 2034 bond sinks following questions over finance capacity
Moody’s report questions payment capacity of government given pandemic hit to tourism
Moody’s downgrades Belize on ‘high probability’ of delayed payments
Credit rating falls to Caa1 from B3 and outlook is revised to negative
Grupo Aval lowers purchase price for Multibank
Colombian holding company pays 39% less for the Panamanian lender and expects to conclude the acquisition this month
Fitch cuts Costa Rica to B rating
Central American country faces “uncertain prospects” for economic growth and borrowing costs after the outbreak, rating agency says
IDB Invest lends to Promerica
Multilateral lender provides $50 mln to finance SMEs and green projects in Guatemala
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.
