Leading banks in Latin America and the Caribbean pursue assorted strategies as the region emerges from an economic slowdown. Some turn to M&A, while others focus on building their loan books, but all have growth in mind.
Category: Central America
Guatemala talks 2018 fundraising plans
Central American nation’s FinMin says a new bond issue valued at around $500m will likely surface in the second quarter of next year
US pawn lender picks up GuatePrenda
EZCORP agrees to pay roughly $55m for its Central American peer
CABEI exec heads to the IIC
Central American development bank’s interim DCM head moves to DC to lead the multilateral’s treasury and funding efforts
LatAm bond bubble grows with more roadshows due
Corporate issuers ready investor meetings despite a slower week in the primary market, sources say
Investors consider more El Salvador debt
Central American sovereign issuer could return with up to $500m more in the cross-border bond market this year, sources say
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
