Ecuadorian sportswear chain is reportedly open to a range of options, including relinquishing control of the firm to an investment fund
Category: Ecuador
IDB Invest backs ESG bonds in Ecuador
IDB’s private sector institution plans to acquire social bonds from Jardín Azuayo on Tuesday and blue bonds from Banco Bolivariano on Thursday
SolGold wraps up talks for Ecuador mine
Australian mining company reaches a deal with the government to develop the Cascabel copper and gold project
Ecuador seeks funds for El Niño mitigation
Government will request early activation of a $400 mln credit line from the IDB
CAF endorses financing for Ecuador
South American development bank earmarks $1.4 bln in loans for 2023 and 2024, including $942 mln for the central government
Ecuador’s CFN takes out multilateral loans
State-owned development bank plans to borrow $450 mln to fund loans to MSMEs
Talanx buys Liberty Mutual operations in LatAm
German insurer agrees to pay $1.5 bln for the US firm’s P&C businesses in Brazil, Chile, Colombia and Ecuador
Ecuador looks for more multilateral loans
South American country seeks $500 mln from the World Bank and plans to take out loans from the IDB, CAF and others, finance minister says
Moody’s classifies Ecuador debt exchange as default
Rating agency says a $1.6 bln debt-for-nature swap constituted steep losses for bondholders
Ecuador completes debt swap for ocean conservation
South American nation cuts debt service payments by $1.1 bln and frees up $323 mln to protect a marine reserve in the Galápagos Islands