Federal government asks bondholders to exchange $65 bln in outstanding notes by May 8 in its restructuring offer
Category: Latin America
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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%
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Argentina will not make $500 mln debt payment
Economy minister says the country is in virtual default, sticks with restructuring offer after bondholder rejections
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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
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Argentina gets $35 mln from IBRD
Sovereign to use loan to equip healthcare system in fight against COVID-19
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AA2000 requests payment delays
Argentine airport operator offers to increase the coupon on its 2027 notes, but asks to put off payments for a year
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TPG takes over transmission line from Eletrobras
US private equity firm’s local subsidiary Evoltz spends $44 mln for full control of MTE in Manaus
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IDB prints largest SDB deal
DC-based development bank raises $4.25 bln for a $12 bln lending program in its second sale of dollar-denominated sustainable bonds this year
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FACTBOX 4/21/20: Latin America moves to mitigate impact of COVID-19
UPDATE: Chilean President Piñera announces emergency family income initiative
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Fitch cuts Ecuador credit to restricted default; oil collapse compounds debt overhang
Rating agency cites agreement on consent solicitations to defer upcoming bond payments as reason for downgrade