Colombian low-cost carrier blames the decision on delays in regulatory approval for its tie-up with Avianca
Category: Latin America
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B Capital eyes LatAm start-ups
US VC firm is keen to invest in fintechs and B2B software companies in the region, Bloomberg reports
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Credicorp tests new digital bank
Peru’s largest financial services group reportedly plans to debut a fully digital bank in the coming months
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Enel confirms China Southern interest
Italian energy company says Chinese power producer is carrying out due diligence on its Peruvian distribution subsidiary
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Chile negotiates earthquake insurance with IBRD
World Bank lending division will issue a catastrophe bond to replicate the structure of the policy’s coverage, Chile’s finance ministry says
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China Southern eyes Enel assets in Peru
Chinese power company enters a second round of bidding for the Italian utility’s distribution business, which is valued at $3 bln, Bloomberg reports
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Kavak creates trust in Argentina
Mexican used-car platform signs a $1.2 bln agreement with BACS, Supervielle and Banco Hipotecario
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Viva CEO resigns
Troubled Colombian low-cost airline is dealt another blow as Félix Antelo steps down for health reasons
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IDB prints more sustainable bonds in pounds
US-based development bank issues $481 mln in seven-year bonds as order peak above $900 mln, head of funding says
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IDB Invest lends to Lar
IDB’s private sector affiliate provides $10 mln for the Paraguayan agricultural supplier to purchase grains and fund exports to Brazil