Fund also approves $66 mln in rapid financing for Dominica, Grenada and Saint Lucia
Category: Latin America
LatAm high-yield issues drop in first quarter
Moody’s expects bond sales to stay “subdued” in the second quarter as the coronavirus takes an economic toll
Eneva borrows from Chinese bank
Brazilian power company gets $17 mln from China Construction Bank to add to cash holdings during crisis
Sabesp converts IDB loan to reais
São Paulo state water utility says it has reduced its exposure to foreign currency in long-term financing
FACTBOX 4/29/20: Latin America moves to mitigate impact of COVID-19
UPDATE: Chile launches $3 bln guarantee fund for small entrepreneurs through BancoEstado.
IDB Invest raises coronavirus response
Multilateral lender adds $2 bln to its emergency lending program, including $1.5 bln for trade finance
Petroamazonas asks for extension
Ecuadorian state-run oil company wants to defer interest payments and delay the due date on its 2020 bonds
Petrobras presses ahead with sale of biofuels business
Brazil’s state-owned oil company asks bidders to send binding offers for BSBios
Brazil’s biggest banks increase lending in pandemic
Top five lenders grant $32 bln in fresh credit in the past month, Febraban says
Total Eren issues debt for wind farms in Brazil
French renewable energy company raises $25 mln for the Terra Santa projects in Rio Grande do Norte
