Brazilian infrastructure company blames weak economy and change in federal government’s financing policies
Category: Latin America
Posted inDaily Brief
Argentina to announce debt restructuring soon
President Fernández says deal could be tougher than expected due to the impact of the coronavirus on the country’s finances
Posted inDaily Brief
Lojas Renner, EDP issue short-term notes in Brazil
Clothing retailer raises $97 mln from one-year debentures, while a division of the Portuguese utility company gets $29 mln
Posted inDaily Brief
Chile sets up funding plans for second quarter
Finance Ministry says its plans to issue close to $5 bln in mostly short-term notes in the local market
Posted inDaily Brief
IDB returns with rupiah notes
DC-based development bank sells three-year sustainable bonds to help fund COVID-19 response
Posted inWeb Articles
Santander México breaks cross-border ice with five-year bonds
Mexican lender tightens the coupon on $1.75 bln in new notes to 5.375% from IPTs in the 6% area, sources say
Posted inDaily Brief
Fitch cuts Ecuador credit rating to C; default eyed
President Moreno announces humanitarian assistance fund
Posted inDaily Brief
US Treasury prohibits transactions tied to PDVSA bond through July 22
OFAC says no transactions tied to 2020 bonds allowed
Posted inDaily Brief
FACTBOX 4/13/20: Latin America moves to mitigate impact of COVID-19
UPDATE 4/13: World Bank’s Malpass confident IDA debt relief to be agreed by big creditor nations.
Posted inDaily Brief
Vale increases financing package for suppliers
Brazilian mining company will make $183 mln available to almost 3,000 SMEs