Agency upgrades Mexican cement company’s foreign debt to BBB- from BB+
Category: Latin America
Posted inDaily Brief
Compartamos prices biggest-ever bond
Mexican lender sells its third social bond to pay off debt and fund growth
Posted inDaily Brief
Arcos Dorados to use cash to fund new McDonald’s
Fast-food franchiser plans to open as many as 90 new branches in Latin America and Caribbean this year, CFO says
Posted inDaily Brief
AHMSA obtains DIP financing
Mexican steelmaker gets initial $350 mln from investors, according to a source with knowledge of the matter
Posted inDaily Brief
Fresh optimism buoys LatAm sovereigns, markets
IDB Invest capital increase caps off jubilant mood at annual meetings despite challenging growth outlook
Posted inDaily Brief
Costa Rica gets climate disaster funds
World Bank says loan will finance projects benefiting 40% of population
Posted inDaily Brief
Clara replaces Mexico CEO
Mexican fintech’s Colombia country head takes on additional responsibilities
Posted inDaily Brief
EXCLUSIVE: Nations call for IDB public sector funding boost
Attention shifts to government sector as bank’s private lending arm gets $3.5 bln capital infusion
Posted inEconomy & Policy, IFC, Latin America, The LatAm View, World Bank
Regional growth hampered by low productivity
The formula for higher productivity is simple on paper, but many countries have found it difficult, says World Bank official
Posted inDaily Brief
IDB sees FX tool being used beyond Brazil
Bank is interested in replicating mechanism for climate mitigation, official tells LatinFinance