President Moreno announces humanitarian assistance fund
Category: Latin America
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US Treasury prohibits transactions tied to PDVSA bond through July 22
OFAC says no transactions tied to 2020 bonds allowed
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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.
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Vale increases financing package for suppliers
Brazilian mining company will make $183 mln available to almost 3,000 SMEs
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FACTBOX 4/10/20: Latin America moves to mitigate impact of COVID-19
UPDATE 4/10: Brazil’s central bank could purchase $195 bln worth of private sector assets
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Ecuador seeks consensual agreement for debt relief
Investors do not like the precedent, prefer a more complete proposal
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Brazil’s Central Bank targets $195 bln in asset purchases
Mortgage and debentures among assets that may be purchased to boost liquidity
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IMF expects to accept loan request from Colombia
Multilateral lender says it will likely grant $11 bln in SDRs due to Colombia’s strong policy framework and track record
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Moody’s downgrades Banco Azteca
Rating agency says the Mexican lender faces lower profits after writing off a large corporate loan
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Ânima borrows from IFC for M&A
Brazilian education company gets an eight-year loan for $88 mln to fund its expansion plans