Brazilian travel company says it is preparing for a return of demand in the coming months
Category: Latin America
Posted inDaily Brief
Telebras doubles share capital
Brazil’s state-backed telecom company raises $275 mln by distributing 18 mln new shares
Posted inDaily Brief
Moody’s downgrades five banks in Mexico
BBVA, Santander, Nafin and Bancomext get cut to Baa1 for their ties to the sovereign
Posted inDaily Brief
Estapar sets date for IPO
Brazilian parking lot operator could raise $71 mln in the first share sale in Brazil since the coronavirus outbreak
Posted inDaily Brief
FACTBOX 4/23/20: Latin America moves to mitigate impact of COVID-19
UPDATE: Mexico unveils $25 bln in spending plans; issues $6 bln in debt
Posted inDaily Brief
LatAm, Caribbean face destabilizing capital movements as financing needs grow, CEPAL says
Highly indebted middle-income countries must be included in debt alleviation, low interest financing, according to UN commission
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Argentina opens bond swap
Federal government asks bondholders to exchange $65 bln in outstanding notes by May 8 in its restructuring offer
Posted inDaily Brief
FACTBOX 4/22/20: Latin America moves to mitigate impact of COVID-19
UPDATE: Mexico’s Central bank announces $31 bln in stimulus; cuts benchmark interest rate 50 bps to 6%
Posted inDaily Brief
Argentina will not make $500 mln debt payment
Economy minister says the country is in virtual default, sticks with restructuring offer after bondholder rejections
Posted inDaily Brief
Guatemala stuffs order books in bond return
Sovereign issuer receives more than $8 bln in orders in a two-part deal that raises $1.2 bln for COVID-19 response