South American development bank approves a new credit line to fund responses to the outbreak
Category: Latin America
Posted inDaily Brief
S&P cuts Argentina credit rating to selective default
Bond payment postponement triggers downgrade as coronavirus exacerbates fragile economy
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FACTBOX 4/8/20: Latin America moves to mitigate impact of COVID-19
UPDATE 4/8: Colombia offers cash transfers to 3 million households
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Argentina to extend coronavirus lockdown
President Fernández says he may allow some businesses to reopen to limit the economic fallout
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Idesa postpones swap deadline
Some bondholders are pushing for more collateral in a $303 mln debt exchange
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EcoRodovias approves debt sale after reaching plea agreement
Brazilian infrastructure company sets up $235 mln in notes after settling bribery charges with São Paulo state
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Colombia, DR receive World Bank emergency funds
Multilateral lender allocates a total of $515 mln for seven countries in LatAm in less than a week
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Aceros Aza rolls out new bond sales
Chilean steelmaker plans to raise $135 mln to refinance debt, fund investments
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S&P worsens outlook for Brazilian banks
Rating agency also cuts aircraft manufacturer Embraer to BBB- on expectations of delayed deliveries during coronavirus outbreak
Posted inDaily Brief
Lojas Renner lines up local debt sale
Brazilian retailer plans to raise $96 mln to maintain “minimum strategic cash flow” after closing stores to stem the coronavirus outbreak