Request based on need to divert funds for coping with COVID-19 pandemic
Category: Latin America
Posted inDaily Brief
Colombia offers cut-rate loans against coronavirus
Bancóldex and Findeter to provide financing at subsidized rates; government forms new emergency fund
Posted inDaily Brief
Argentina turns to World Bank during health crisis
Government secures $300 mln to lessen the impact of the coronavirus outbreak on low-income households
Posted inDaily Brief
S&P cuts Ecuador to CCC-
Rating agency says default “appears inevitable” within six months
Posted inDaily Brief
DLA Piper names new co-chair
Dino Barajas leads the US law firm’s corporate and finance practice for Latin America alongside Francisco Cerezo
Posted inDaily Brief
Ecuador credit rating cut to CC by Fitch
Ecuador is nearing default of some kind after asking to renegotiate commercial debt, rating agency says
Posted inDaily Brief
Peruvian highway and mining companies suspend dividends, cite COVID-19
Suspensions motivated by prudence and need to preserve liquidity
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Azul looks for new loan
Brazilian airline also says it is negotiating new payment plans as it cuts capacity by 90%
Posted inDaily Brief
CAF gets credit from Japan
South American development bank will use up to $200 million from seven lenders to finance green projects
Posted inDaily Brief
Ecuador seeking emergency financing to help battle COVID-19
IMF says Ecuador will seek help through Rapid Financing Instrument