The Andean Development Corp., which Enrique García has run since 1991, is a remarkable institution. It is a development bank with a coveted investment grade rating, even though it is […]
Category: Regions
Sovereign Report
Mexican Bradys, Endangered Species Mexican Bradys are on their way out, after the finance ministry decided to call $3.8 billion-worth of outstanding dollar-denominated A and B series Brady bonds. Once the […]
Sovereign Report Apr-May 2003
Mexican Bradys, Endangered Species Mexican Bradys are on their way out, after the finance ministry decided to call $3.8 billion-worth of outstanding dollar-denominated A and B series Brady bonds. Once […]
Rebuilding Growth
The Caribbean is battling a particularly difficult global environment. Economies throughout the region face serious challenges, although oil-rich Trinidad and Tobago is in better shape than most.
Peso Market’s Power Bond
Mexico’s electricity commission issues a bond backed by receivables from its corporate customers. The bond is the first unsecured asset-backed bond from a government entity.
Putting Pizzazz Into Glass
Vitro, the Mexican glassmaker, is trying to fend off Asian competitors with value-added products. But a weighty debt load and weakening cashflow aren’t making the company’s survival any easier.
Looking for an Upturn
Panama’s economy ran out of steam four years ago and it is struggling to meet deficit targets. The country is looking for new sources of economic fuel but it needs a major boost soon.
Mutual Mobilization
Institutional investors in Trinidad are demanding more long-term investments.
Oiling the Engines of Growth
The energy business is fueling the country’s economic expansion, but the wealth is not reaching everyone.
Putting Liquidity to Work
The government and investors want to establish greater depth in the local capital markets.
