Central American sovereign issuer could return with up to $500m more in the cross-border bond market this year, sources say
Category: Central America
AWARDS: BEST INFRASTRUCTURE FINANCING: CENTRAL AMERICA
When Autopistas del Sol, a toll road concessionaire owned by Spain’s Globalvia, sought financing for the Ruta 27 toll road in Costa Rica in 2007, it relied on loans from Spain’s Bankia and the Central American Bank for Economic Integration (CABEI).
Millicom buyback falls flat
Telecommunications company tenders just $187m in outstanding 2021 bonds after printing $500m in 2028 debt last week
Fitch upgrades Enel Americas
Rating agency raises the power company BBB+ from BBB, tanks to strong business and geographic diversification
Millicom issues benchmark bond
Telco gets $500m from the sale of new notes and raises most of the funds for a $658m bond buyback
Millicom talks cross-border return
Telco could also sell $200m in peso-denominated notes in Colombia, sources say
San Miguel comes to market
Peruvian plastics company look to raise $300m in 2024 bonds to buyback its 2020 notes
Fitch upgrades CABEI
Rating agency says Central American development bank has an “excellent” equity-to-assets ratio
CABEI completes Uridashi return
Central American development bank raises $54m in the Australian dollar and South African rand markets
Bladex seals BAC Guatemala loan, First Citizens takes top ticket
Central American bank nets $80m in syndication, but declines to tap excess liquidity, sources say
